Transfers/Postings in the grade of Income Tax Officers (ITOs) in UP (East) Region by Pr. CCIT Lucknow
Consequent upon diversion of posts for implementation of the Faceless Assessment Scheme, the Office of the Pr. Chief Commissioner of Income Tax , U.P. (East), Lucknow has made 185 transfers and postings in the grade of Income Tax Officers (ITOs).
Also, additional charge has been given in 42 cases.
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- Shareholders can’t be taxed for income from properties owned by the company – HC
- Jurisdictional error in reassessment approval can’t be shielded by the law of limitation
- ITAT ought to remanded whole matter of bogus purchases instead of profit determination
- Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A
- Corporate guarantees executed by corporate debtor constitute “financial debt” under IBC
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