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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Reopening of assessment beyond the time allowed - period of ...


Tribunal Allows Reopening of Assessment Beyond Time Limit Due to Section 150(1) Applicability in Block Assessment Case.

February 16, 2016

Case Laws     Income Tax     AT

Reopening of assessment beyond the time allowed - period of limitation - - When by an order of the Tribunal, the income is excluded from the total income of the assessee for the block assessment - the provisions of sec. 150(1) are applicable - reopening upheld - AT

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