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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Reopening of assessment - claiming exemption u/s 11 - assessment ...


Court Quashes Reassessment Notice u/s 148, Citing Change of Opinion on Income Tax Exemption Grant.

October 22, 2016

Case Laws     Income Tax     HC

Reopening of assessment - claiming exemption u/s 11 - assessment came to be reopened by giving notice u/s 148 by the very same officer, who executed the scrutiny assessment and granted exemption - It is a case of change of opinion - Notice quashed - HC

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