with regard to levy of interest. If the Assessing Officer exercises his discretion by not levying interest in the draft order, he cannot be permitted ... assessee by not levying interest. Subsequently, the Assessing Officer cannot change his views by levying interest by changing the draft order. If interest
with regard to levy of interest. If the assessing officer exercises his discretion by not levying interest in the draft order, he cannot be permitted ... assessee by not levying interest. Subsequently, the assessing officer cannot change his views by levying interest by changing the draft order. If interest
with regard to levy of interest. If the AO exercises his discretion by not levying interest in the draft order, he cannot be permitted ... assessee by not levying interest. Subsequently, the AO cannot change his views by levying interest by changing the draft order. If interest is not levied
count of accrual of interest on the deferred consideration and also ordered to charge interest under Section 217 of the Act as well as issued ... Assessment Year 1979-80 was thereafter made and the interest income as discussed in the draft assessment Order as well
said shares were kept as security by the answering defendant against over draft account No.60426. It is submitted that by letter dated 8th February ... advised the answering defendant that they were no longer interested in the over-draft facilities and the shares in question be delivered to them with
draft assessment order or
final draft assessment order, in case of
such assessee or in any other case once
finalised as per the draft assessment ... draft assessment order (FDAO) by an
Assessment Unit.
51. When draft assessment order (DAO) or final draft
assessment order (FDAO) is prejudicial to the interest
done. 9,38,85,457.57 2. Loan of Rs. 200 lacs + interest + draft charges. 2,09,65,933.66 3. 2nd Loan arranged
Cen.Pub.Information Officer,Sci . vs Subhash Chandra Agarwal on 13 November, 2019
Author: Sanjiv
comparison to the draft
assessment order or the final draft assessment
order, and-
(A) in case the revised draft assessment order is in
respect ... assessee
proposed in draft assessment order or the final draft
assessment order, forward the said revised draft
assessment order to such assessee
loans received by the assessee were by account payee drafts, interest was paid from time to time by account payee cheques/drafts, the principal amounts ... significant to notice that the loans were obtained by account payee drafts, interest was paid from time to time by account payee cheques/drafts
