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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Reopening of assessment u/s 147 r.w.s. 148 - the assessee ...


Taxpayer Can Request Reasons for Reopening Assessment After Six Years; Provided in Four Months Deemed Reasonable.

June 8, 2015

Case Laws     Income Tax     AT

Reopening of assessment u/s 147 r.w.s. 148 - the assessee himself could request for the reasons after the expiry of the said period of six year and the reasons were furnished within a period of less than 4 months. This cannot be treated as unreasonable time - AT

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