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ITAT confirmed reassessment as assessee didn’t object to jurisdiction of JCIT issuing notice within limitation period

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  • ITAT confirmed reassessment as assessee didn’t object to jurisdiction of JCIT issuing notice within limitation period
Posted onon October 12, 2018

Tenet Tax Daily October 01 2018

By tenettax-team
Corporate Tax

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No TCS was required on amount collected by Zila Panchayat for issue of licence to collect ‘Tahbazari’
Receipts from allotment of shares in settlement of pre-existing liability couldn’t be treated as unexplained credit

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