corporate and professional update february 13, 2016
CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 13, 2016 STAY OF DEMAND UNDER THE INCOME TAX ACT 1961, PRACTICAL APPROACH, JUDICIAL CASES & DEPARTMENTAL CIRCULARS/INSTRUCTIONS:- It is quite common for the Assessing Officers to make high-pitched assessments determining taxable incomes many times more than those returned by the assessees. When this is done, the assessees are put to …