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2022 (8) TMI 1314 - ITAT PUNEReopening of assessment - reasons to believe - scope of “fully” and “truly” disclosing all the relevant particulars - HELD THAT:- Reopening reason nowhere indicated that the assessee’s taxable income had escaped assessment on account of it’s failure in “fully” and “truly” disclosing all the relevant particulars. Faced with this situation, we quote section 147 (1st proviso) and hon’ble jurisdictional high court’s landmark decision in Hindustan Lever Ltd. vs. R. B. Wadkar [2004 (2) TMI 41 - BOMBAY HIGH COURT] to quash the impugned reopening for this precise reason alone. Decided in favour of assessee.
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