Permission granted by CIT cannot countermand mandatory requirement of seeking permission from ACIT so as to validate notice for re-opening of assessment: HC
The Supreme Court imposed a fine of Rs. 10 Lakhs on the Income Tax Department for its casual approach.
Explanation that the :computers got infected” is a reasonable explanation & is also reason beyond the control of the assessee. It is a reasonable cause & the return filed by assessee is to be considered as return filed under s. 139(1): Hyderabad ITAT
Merely filing of an SLP would not make the order of the Court bad in law or give a license to the Revenue to proceed on the basis that the order is stayed and/or in abeyance: Bombay HC
Classification of goods-The whole (sheep/goat) animal carcass in frozen state in different weight and size packed in LDPE bags-Whether can be regarded as ‘Unit Container’
