In the case of
Vishal Garg & Ors. Vs. Union of India & Anr., Punjab &
Haryana HC extended due date of Tax Audit cases to 31st October 2015 from
existing 30th September 2015. Its not clear if the due date for non audit cases
also been extended or not for which we have to wait for official order. High
Court has also issued guideline for timely issue of Income Tax Return Forms. We
would further like to inform our readers that its just Court Instruction to
CBDT to extend the due date, but CBDT has not yet officially issued any
Order in Compliance of High Court Order.
High Court Order is
Binding on CBDT till Supreme Court Stays it or reverses the High Court
Judgment. Further in case of Judgment on same issue by different High Courts,
the Judgment of Jurisdiction High Court will prevail and in case of no Judgment
by Jurisdiction High Court than Assessee may choose the Judgment of High Court
which is more beneficial to him. Further Judgment by bench of High Court will
prevail over Judgment of Single Judge even if the same is from Judge of
different high Court.
Read Full Judgement at:
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