Reopening of assessment - the two parts of Section 147 (one ...

High Court Clarifies Section 147: Reassessment Can Include 'Any Other Income' Without Changes to Initial 'Such Income'.

August 18, 2015

Case Laws Income Tax HC

Reopening of assessment - the two parts of Section 147 (one relating to 'such income' and the other to 'any other income') are to be read independently - addition can be made on other income even if no addition made for the such income with regard to which reasons have been recorded - HC

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Reopening of assessment - the two parts of Section 147 (one ...

High Court Clarifies Section 147: Reassessment Can Include 'Any Other Income' Without Changes to Initial 'Such Income'.

August 18, 2015

Case Laws Income Tax HC

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