Gopalakrishnan Rajkumar & Anr Vs The Principal Commissioner of Income-tax, Chennai-8 & others (Madras High Court)

Court: MADRAS HIGH COURT
Head Notes:

The intention of the parliament enacting the DTVSVS being to bring a closure of disputes in respect of tax arrears the PCIT is wrong in initiating proceedings under Section 263 after the assessee filed Form-4. It would be a different situation if the assessee had
not accepted with the issue of Form 3.

Law:
Section(s): 263
Counsel(s): G.BASKAR FOR ASSESSEE AND Prabhu Mukund Arunkumar FOR DEPARTMENT
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Uploaded By G.BASKAR
Date of upload: May 19, 2022

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