India or the profit included in the gross total income is a debatable question of law on which contrary opinions are conceivable. Adjustment ... Calcutta High Court, yet, the issue, according to the assessed, was debatable in the year 1995 when the assessed had filed his return
whether option (1) or option (3) is the correct
answer, is debatable. Hence it would be best if the question itself is
removed from
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only
ground that levy of surcharge was
a contentious and debatable issue which could not be rectified u/s 154
of the said ... ground that the issue of surcharge was a contentious and debatable
issue. This is noted in paragraph 2 of the said notice dated 01.03.2004.
Despite
giving set off of MAT credit available to the
Assessee was highly debatable ?
Question B:
Whether the Income Tax Appellate Tribunal was
correct ... additional issue is whether this
question was debateable and therefore the provisions of section 154
could not have been invoked ? The latter issue arises only