F.No. 225/157/2017/ITA.II Government of India Ministry of Finance Department of Revenue (CBDT) North Block, New Delhi, dated the 23rd of June, 2017 To All Pr. CCsIT/Pr. CCIT(International-tax)/CCIT(Exemptions)/Pr. DsGIT Sir/Madam Subject: – Issue of notices under section 143(2) of Income-tax Act, 1961 in revised format-regd.- With reference to the above, I am directed to state that… Read More »
Held The AO had failed to produce any evidence regarding the issuance of notice or service of said notice. In our opinion, notice of hearing should not only the issue properly but it has to be served upon the assessee and the prove of service has to be placed on record. In the case under… Read More »
Extract of Section 143 (2) of Income Tax Act [Substituted by the Finance Act, 2016, w.e.f. 1-6-2016 *[(2) Where a return has been furnished under section 139, or in response to a notice under sub-section (1) of section 142, the Assessing Officer or the pres-cribed income-tax authority, as the case may be, if, considers it… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th November, 2016 G.S.R. 1073(E).—In exercise of the powers conferred by section 295 read with sub-section (2) of section 143 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further… Read More »
DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055 ITBA-Assessment Instruction No. 2 F.No. System/ITBA/Instruction/Assessment/16-17/177 Dated: 01/08/2016 To The Principal Chief Commissioners of Income-tax/ CCsIT (By Name) Ahmedabad/ Allahabad/ Amritsar/ Bangalore/ Baroda/ Bhopal/ Bhubaneshwar/ Bareilly/Chandigarh/ Chennai/ Cochin/ Coimbatore/ Dehradun/ Delhi/ Durgapur/ Guwahati/Huhli/ Hyderabad/ Indore/ Jaipur/ Jalpaiguri/ Jodhpur/ Kanpur/… Read More »
F.No. 225/162/2016/ITA.II Government of India Ministry of Finance Department of Revenue (CBDT) North Block, New Delhi, dated the 11th of July, 2016 To All Pr. CCsIT/Pr. CCIT(International-tax)/CCIT(Exemptions)/Pr. DsGIT Subject: – Issue of notices under section 143(2) of Income-tax Act, 1961 in revised format-regd. With reference to the above, I am directed to state that Central… Read More »
IN THE ITAT CHANDIGARH BENCH Vardhman Holdings Ltd. v. Assistant Commissioner of Income-tax, Circle-1, Ludhiana H.L. KARWA, VICE-PRESIDENT AND MS. RANO JAIN, ACCOUNTANT MEMBER IT APPEAL NOS. 523 & 621 (CHD.) OF 2008 AND 1136 (CHD.) OF 2011 [ASSESSMENT YEAR 2002-03] MAY 5, 2016 Subhash Aggarwal and Vineet Jain for the Appellant. S.K. Mittal, DR… Read More »
PR. Commissioner of Income Tax Vs. Shri Jai Shiv Shankar Traders Pvt. Ltd., I.T.A. No. 519/2015, Date of Order: 14.10.2015, High Court of Delhi Whether it is mandatory to issue notice u/s 143(2) subsequently to return filed u/s 148 of the Income Tax Act, 1961? Held Yes The decision of this Court in CIT v.… Read More »