| 2016-TII-INSTANT-ALL-327 | 16 May 2016 |
NEWS FLASH India to renegotiate tax treaty with Singapore: Jaitley CASE LAW LS CABLE AND SYSTEM LTD Vs CIT : DELHI HIGH COURT (Dated: May 13, 2016) Income tax - Sections 143(2) & 245-R(2). Keywords - date of filing application - date of consideration of application - filing of return - issues pending consideration & notice u/s 143(2). Whether the AAR can reject applications filed by non-resident applicants, by stating that the question referred to in the application was pending consideration before the I-T Authorities, by virtue of notice having been issued u/s 143(2) with reference to the return filed for the concerned A.Y, where the application before the AAR was filed even before filing of returns - NO: HC Whether the relevant date for invoking the bar under clause (i) of the proviso to Section 245-R(2), is not the date of consideration of the application by the AAR but the date of filing of such application before the AAR - YES: HC Case remanded |
 |
Thanking you for your support and cooperation. Regards, TIOL HOUSE, 490, Udyog Vihar, Phase - V |