Friday, 28 February 2014

High Court irked at abuse of law to settle personal vendetta between top-level IRS officers

Pradyot K. Misra vs. ACIT (Delhi High Court)

The respondents have to act in accordance with law and not under any pressure. The AO, being a responsible officer should not be party or pressurised by someone to personal vendetta. Being statutory officers they have to act independently and in accordance with law
-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Gujarat HC upholds levy of GST on corporate guarantee while reads down mandatory 1% valuation where actual consideration is lower

  This Tax Alert summarizes a recent ruling of the Gujarat High Court (HC)1 on the taxability of corporate guarantee provided by the Petitio...