Tag Archives: Section 260A

Adjustment of cash seized against advance tax liability

By | April 22, 2017

Held The assessee has been held entitled to adjustment of cash seized against its advance tax dues. It has further been held that the Explanation 2 to Section 132B of the Act is not retrospective in nature. Punjab And Haryana High Court Pr. CIT Vs Sh. Surinder Kumar Khindri  Appeal Number : ITA No. 25… Read More »

Orders passed by High Court u/s 260A can be reviewed: Supreme Court

By | September 19, 2016

SUPREME COURT OF INDIA Commissioner of Income-tax, Panaji v. Automobile Corpn. of Goa Ltd. RANJAN GOGOI AND PRAFULLA C. PANT, JJ. SPECIAL LEAVE TO APPEAL (C) NOS. 18119-18120 OF 2013 & 10603-10604 OF 2014 AUGUST  12, 2016 A.N.S. Nadkarni, ASG, Ms. Rekha Pandey, S.A. Haseeb and Mrs. Anil Katiyar, Advs. for the Petitioner. Rustom B.… Read More »