Delhi HC quashes
re-assessment on legal representative of a deceased assessee, observes that the
reassessment notice was issued in the name of the deceased and no notice was
issued to the legal representative; Rejects Revenue’s argument that the
‘defect’ was curable u/s. 292BB, remarks that “If the original assessee had
lived and later participated in the proceedings, then, by reason of Sec. 292BB,
she would have been precluded from saying that no notice was factually served
upon her.”, observes that here is a case of issuing notice on deceased
assessee; Referring to Sec. 159, rules that “to fasten revenue liability upon a
deceased individual, in the absence of pending or previously instituted
proceeding …, renders fatal the effort of the revenue to impose the tax burden
upon a legal representative.”; Relies on co-ordinate bench ruling in Vipin
Walia, SC ruling in Hotel Blue Moon:HC
Subscribe to:
Post Comments (Atom)
Government amends CGST Rules and issues further clarifications w.r.t. Amnesty scheme under GST
This Tax Alert summarizes the recent Notification [1] and Circular [2] issued by Central Board of Indirect Taxes and Customs (CBIC) addr...
-
Section Particulars TDS Rate Individual/ HUF (Indian Resident)(in %) TDS Rate for (NRI) in India (in %) ...
-
In this post, I will discuss Secretarial Standards related to Proxies under SS – 2. Right to Appoint: A Member entitled to attend and ...
-
Slump sale is transfer of one or more business undertakings for a lump sum consideration, without assigning individual values to the each...
-
Particulars in Part 1 and Part 2 of Step-2 of registration form are required to be exactly the same as reported in the TDS statement. Plea...
-
· SC dismisses SLP to hold that capital reduction leads to transfer of shares and exigible to capital gains taxation
-
Regulatory Updates: Customs Regulations: The DGFT revised the Handbook of Procedures for the General Authorization for Export after Repair...
-
This Tax Alert summarizes the recent Notification [1] and Circular [2] issued by Central Board of Indirect Taxes and Customs (CBIC) addr...
-
Key Points Article 13: Capital Gains Taxation Article 13(4): Exempts capital gains from taxation in India for residen...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
The circular of the Board dt. 28.06.1965 No. 17 (XL-36), provides for inspection fees and fees for certified copies of assessment and...
No comments:
Post a Comment