Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (7) TMI 809 - AT - Income TaxReopening of assessment - reasons to believe - Held that:- Assessing Officer has not applied his mind so as to come to the independent conclusion that he has reason to believe that income escaped assessment for the impugned year has escaped assessment. The reasons are vague and accordingly the assessment/reassessment so made is directed to be quashed. Appeals of the assessee are allowed.
|