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Time Of Accrual For Taxing Income Gets Postponed Till Adjudication Of Dispute By Civil Court: Rajasthan High Court Stays Demand Order
Mariya Paliwala
29 Feb 2024 5:00 PM IST
The Rajasthan High Court has stayed the penalty order and consequential demand notices passed under Section 270-A and Section 156 of the Income Tax Act, respectively.The bench of Justice Pushpendra Singh Bhati and Justice Munnuri Laxman, while issuing the notices to the National Faceless Assessment Centre (NFAC), has observed that the time of accrual for taxing income gets postponed till...
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