Validity of reopening of assessment - even if anything is not ...

Income Tax

September 30, 2020

Validity of reopening of assessment - even if anything is not highlighted in the Audit Report, the Assessee has shown that this aspect viz., non-deduction of TDS on the Machine Hire Charges attracting Section 194-I of the Act was very much discussed by the AO during the original Assessment proceedings. - Thus on mere change of opinion, the AO could not have invoked the reassessment proceedings u/s 147/148 - HC

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Validity of reopening of assessment - even if anything is not ...

Income Tax

September 30, 2020

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