Friday, 2 March 2012

Time Limit for issuance of notice u/s 201

Assessee in default - Time limitation - issuance of notice u/s 201 after a period of 4 years - though there is no period of limitation prescribed for exercise of that power, still such a power must be exercised within reasonable time - HC
Commissioner of Income-tax (TDS), Chandigarh Versus H.M.T. Ltd. - High Court

No comments:

India-Mauritius DTAA Protocol Notified: Key Tax Implications

  The Government of India has notified the amendment to the Protocol of the India-Mauritius Double Tax Avoidance Agreement (DTAA) on 13 Oct...