tax demand was unreasonably high or caused genuine hardship, as required by CBDT Circulars. The Court agreed, stating that the PCIT’s order lacked a thorough examination of the petitioner’s claim. The Karnataka High Court recently made a significant ruling in the case of Baregundi Jagadhisha Yediyala vs ITO. The court quashed an order by…
The post tax demand was unreasonably high or caused genuine hardship, as required by CBDT Circulars. The Court agreed, stating that the PCIT’s order lacked a thorough examination of the petitioner’s claim. appeared first on The Tax Talk.
