Authority should Refrain from Over Analysis which leads to Paralysis of Justice: Bombay HC directs AO to pass Fresh Assessment Order [Read Order]

Bombay HC directed the AO to pass fresh assessment order and observed that “Authority should refrain from over analysis which leads to paralysis of justice”
Authority - Refrain - Analysis - Paralysis of Justice - Bombay HC - AO - Assessment Order - TAXSCAN

The Bombay High Court directed the Assessing Officer (AO) to pass fresh assessment order and observed that the “Authority should refrain from over analysis which leads to paralysis of justice”. Petitioner, which had entered into a joint venture agreement with one Sanghvi Premise Private Limited, for whatever reason had not filed its return of income…

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