S. 143(1A): Assessment -Additional tax – The object of S. 143(1A) is the prevention of evasion of tax- The burden of proving that the assessee has so attempted to evade tax is on the Revenue which may be discharged by establishing facts and circumstances from which a reasonable inference can be drawn that the assessee has, in fact, attempted to evade tax lawfully payable by it- Levy of additional tax was quashed . [ S. 32, 143(1) 154 264 Art ,226 ]
Rajasthan State Electricity Board v Dy. CIT ( 2020) 424 ITR 704 187 DTR 457/ 313 CTR 745/ 115 taxmann.com 330 / 273 Taxman 1(SC) www.itatonline org Editorial: Order in Dy CIT v. Rajasthan State Electricity Board (2008) 171 Taxman 331 / 299 ITR 253/ 217 CTR (Raj) (HC) is set aside .