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AO cannot issue Draft Assessment Order if no Income Variation: Delhi HC

Explore the Delhi High Court judgment in CIT Vs S.A. Chitra Ventures Ltd. Understand the limitations on AO's jurisdiction without income variation in draft assessment orders. ....

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AO Lacks Jurisdiction To Pass Draft Assessment Order In Absence Of " Any Variation In Income Or Loss ": Delhi High Court

The Delhi High Court has held that the AO, under Section 144C of the Income Tax Act, would have no jurisdiction to pass a draft assessment order in the absence of "any variation in the income or loss. ....

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Delhi High Court Quashes Final Assessment Order Passed By AO Without Waiting For DRP's Directions Mandated U/s 144C

The Delhi High Court has set aside the final assessment order and the consequent notices and computations that were passed without waiting for the directions issued by the Dispute Resolution Panel. ....

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Bombay High Court Stays Rs 32.39 Crore Tax Demand Against PayPal After It Claims Statutory Limitation For Passing Assessment Order Exceeded

The Bombay High Court has stayed the Rs. 32.39 crore tax demand and all related proceedings against PayPal Payments Private Limited, an online payment processing company.A division bench comprising. ....

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Opinion: I'm A Lawyer For Cairn. Here's Where India Went Wrong

This article is about the curious adventures of Cairn Energy in India and why they highlight the best and worst that India has to offer. ....

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