A Surat ITAT ruling has quashed reassessment proceedings involving a ₹50 lakh IDS disclosure after finding the tax department’s section 148 notice was time-barred. The case also involved a bank error that delayed part of the taxpayer’s tax payment.
A Surat ITAT ruling has quashed reassessment proceedings involving a ₹50 lakh IDS disclosure after finding the tax department’s section 148 notice was time-barred. The case also involved a bank error that delayed part of the taxpayer’s tax payment. by Soban News (international And National News)
