13 September 2008
In the case of an individual assessee the ITO has passed a protective assessment with tax demand. Can the ITO take recovery proceedings against the said demand.
15 September 2008
Protective assessment is permissible, but not protective recovery - While a protective assessment is permissible, a protective recovery is not allowed - CIT v. Cochin Co. (P.) Ltd. [1976] 104 ITR 655 (Ker.).
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