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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Power of Tribunal for enhancement - The AO at no point of time, ...

Income Tax

July 18, 2019

Power of Tribunal for enhancement - The AO at no point of time, disputed the date on which the business of the assessee was set up but disputed allowability of certain expenses on ground that assessee not commenced its commercial activity - Tribunal has no jurisdiction in venturing into an issue which was never an issue before the AO and cannot take away the benefit given to the assessee by the AO

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