23 September 2014

Delhi High Court tax Audit case update

LATEST & Most Awaited News from Delhi High Court in case of Mahesh Kr & Co. Vs UOI  & ors WP 5990/14 reg issue of furnishing Tax Audit Report subsequent to filing of ITR & Dt.extension.--
Petitioner's Counsel Ms Rashmi Chopra gracefully seeks permission to withdraw. Court orders "Petition Dismissed as withdrawn."CBDT's counsel urges that case has travelled  so far and CBDT has granted relief by way of affidavits. However,court expresses the view that nothing remains once petition is withdrawn.

However, relief already stands granted to assessees by Gujrat HC. As, it has directed CBDT to extend date of filing ITR to 30th Nov 2014. CBDT yet to issue notification for same.
--Sanjay Sharma(Adv) & Team casansaar from Delhi HC.

Case adjourned for tomorrow in Bombay High Court.

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