1

Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib) 176
1

It is assessee’s choice to select a method for determining FMV of shares vide 81 ITR (Trib) (SN) 78
1

No TP adjustment of trade receivables in case of a debt-free company vide 81ITR (Trib) (SN) 94
1

To accord registration as a charitable institution under income tax dominant purpose must be charitable and satisfies the conditions laid down us 2(15) vide 426ITR108 despite having non charitable ancillary objects meant to achieve the dominant purpose
1

Transactions with dubious entities is reason enough for case reopening vide 421ITR624

Taxpayer should mind their conduct before invoking article 226 remedy

ByCA Gopal Nathani

Mar 23, 2022

A person who has not responded to any of the notices issued in the past cannot, without anything more, turn around and complain that in the last notice issued he was not granted reasonable time to respond.

This principle is stated in [2022] 440 ITR 602 (Ker) given the past conduct of the petitioner in not responding to six prior notices.

Further in this case the petitioner has omitted to reveal in the writ petition the receipt of notices or pleadings thereto which furthermore proved detrimental to its conduct.