TMI BlogReopening of assessment u/s 147 - reason to believe - the onus would be on the AO to provide reasons to...Reopening of assessment u/s 147 - reason to believe - the onus would be on the AO to provide reasons to disbelieve the bank statements and supporting documents for reopening the assessment. That in our view has not been spelled out and therefore, the reassessment sought to be initiated deserves to be stalled. - AO has acted in excess of the limit of his jurisdiction to reopen the assessment - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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