E-Assessment of Income Escaping Assessment Scheme, 2022] provides that the notice U/s 148 shall be issued through automated allocation, in accordance with risk management strategy- Notice issued by JAO is invalid: Bombay HC
Whether Cash seized by the income tax department can be adjusted against Self- Assessment Tax payable by the taxpayers?
Issuance of Notice by JAO & not FAO is invalid as an act which is done by an authority contrary to the provisions of the statue causes prejudice to assessee: Bombay HC