CBDT Instructions

Last updated: 07 September 2007

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.