This Blog is created on 2010 with a view to give updates to the members on various topics related to Taxation i.e. Direct Tax, Indirect Tax and International Taxation.
Also will share the view on controversial topics among the Tax Managers , CA's and CA students.
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Wednesday, January 5, 2011
High Pitched Assessment : Recovery of Taxes : Stay of Demand : SC Decision
Tax officers cannot enforce collection of taxes till the disposal of appeal, if the assessed income is substantially higher than returned income.
CIT vs. Valvolins Cummins Limited ( Supreme Court) (2009)( Unreported)
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