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TaxBuzz | Demystifying the decision of Supreme Court on reassessment notices May 5, 2022
Published in: TaxBuzz
DISCLAIMER: The material contained in this publication is solely for information and general guidance and not for advertising or soliciting. The information provided does not constitute professional advice that may be required before acting on any matter. While every care has been taken in the preparation of this publication to ensure its accuracy, Vaish Associates Advocates neither assumes responsibility for any errors, which despite all precautions, may be found herein nor accepts any liability, and disclaims all responsibility, for any kind of loss or damage of any kind arising on account of anyone acting/ refraining to act by placing reliance upon the information contained in this publication.
The Hon’ble Supreme Court has on 04.05.2022 pronounced much awaited decision in the case of Union of India v. Ashish Agarwal: C. A. No. 3005/2022. The said decision of the Hon’ble Supreme Court will give rise to numerous issues and litigation will not be put to rest.
In this Tax Buzz, we have analyzed, repercussion of the Judgment and have also given some general defences that may be available to the assessees.
To read the TaxBuzz, click at the ‘Download Newsletter.
We trust that you will find the same useful.
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