Income Tax Assessment by Assessing Authority of any Specific Circle not a Fundamental or Vested Right of Assessee: Bombay HC [Read Order]
The Bombay High Court reaffirmed that the objective behind enactment of Section 127 of the Income Tax Act, 1961 is to ascertain tax liability in a fair, impartial and effective manner and not to prejudice Assessees
By Avinash Kurungot - On September 4, 2024 10:49 am - 3 mins read
In a recent ruling, the Bombay High Court affirmed that there is no fundamental or vested right enjoyed by an Assessee that ensures Income Tax Assessment is conducted by an Assessing Authority from a specific circle only. The High Court made the pronouncement while adjudging a Writ Petition filed by the Petitioner, a Non-Resident Indian…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
