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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Rejection of an application for settlement of case - short fall ...


Tax Settlement Rejected Due to Payment Shortfall; Adjustment Request Overlooked, Contrary to Chapter IIXA's Purpose for Facilitating Settlements.

July 5, 2018

Case Laws     Income Tax     HC

Rejection of an application for settlement of case - short fall in payment of tax and interest - request for adjustment with refund amount was not considered - application ought not to have been rejected on such technical ground, bearing in mind the object and purpose for which Chaper IIXA was inserted in the Income Tax Act.

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