COURT: | Bombay High Court |
CORAM: | A. K. Menon J., S. C. Dharmadhikari J |
SECTION(S): | 145 |
GENRE: | Domestic Tax |
CATCH WORDS: | casual, high-handed, Rejection of books of account |
COUNSEL: | Ex-parte |
DATE: | September 25, 2014 (Date of pronouncement) |
DATE: | November 7, 2014 (Date of publication) |
AY: | 2008-09 |
FILE: | Click here to view full post with file download link |
CITATION: | |
S. 145: AO is not entitled to reject books of account in a casual and high-handed manner |
The assessing officer has been faulted for not following section 145(3) of the Act. The tribunal has held that before the assessing officer records satisfaction about the correctness or completeness of the accounts of the assessee, he ought to have …
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