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CBDT Instructions

Last updated: 07 September 2007

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Court :
Tribunal

Brief :
Held by ho"ble court that assessing officer is bound to follow benevolent instructions of CBDT. Hence, assessment made in violation of CBDT instructions is liable to be quashed.

Citation :
Agarwal Farm Equipments Vs. I.T.O.

CBDT Instructions Agarwal Farm Equipments Vs. I.T.O. 8/26/2004 IT Appeal No. 70 to 75 (Jab.) of 2002 Case Fact: Whether any assessment made by the AO against CBDT instructions is liable to be quashed. Decision: Held by ho"ble court that assessing officer is bound to follow benevolent instructions of CBDT. Hence, assessment made in violation of CBDT instructions is liable to be quashed.

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Judgement posted by

CA.Saibaburao Nanduri

Chartered Accountant

I am a commerce graduarte of Andhra University. Studied at HINDU COLLEGE, Guntur. Became FCA and started Practice under the name and style of M/s SAIBABU RAO CO I became Chairman of CA Institute, Guntur Branch, during the year 2008-09 My post qualifications are: Information Systems Audit DISA (ICAI) ... Read more

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