Sec 292BB only cures defect in service of notice but not defect in issuance – ALL HC

The Hon’ble Allahabad High Court has recently laid down that Section 292BB comes to the rescue of the Income Tax Department only when there is defect in service of a notice. But the said section does not cure the defect in issuance of notice. While disposing off this appeal, the Hon’ble Court relied upon the celebrated and landmark judgement in ACIT vs. Hotel Bluemoon (SC) 321 ITR 362 (2010). Further, the court clearly distinguished the judgement of Hon’ble P&H HC in the case of CIT Vs. Pachvati Motors P. Ltd. 243 CTR 189 (2011) (P&H).

To read complete text of judgement, click here 292BB-All HC

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