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:

Is Opting for Section 115BAA Like a Life Sentence? Debunking the Myth

The introduction of Section 115BAA under the Income Tax Act, 1961 offered a lucrative flat tax rate for domestic companies in exchange for f...