Reassessment u/s 147 - original return filed was accepted ...

Income Tax

August 21, 2019

Reassessment u/s 147 - original return filed was accepted without any scrutiny - the reasons so assigned would confirm that no tangible material was in possession of the AO which could constitute any reasons which led to a belief that any part of income chargeable to tax had escaped assessment rather it is in search of such tangible material that the proceedings had been reopened - not permissible - entire proceedings quashed

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Reassessment u/s 147 - original return filed was accepted ...

Income Tax

August 21, 2019

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