Reopening of assessment - failure of the AO to apply the mind ...

Court Limits Reopening Tax Assessments to Initial Oversights; Emphasizes Diligence u/ss 147 & 148 of Income Tax Act.

April 12, 2018

Case Laws Income Tax HC

Reopening of assessment - failure of the AO to apply the mind during the regular assessment - the power under Section 147/148 of the Act is not to be exercised to correct mistakes made during the regular assessment proceedings. - HC

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Reopening of assessment - failure of the AO to apply the mind ...

Court Limits Reopening Tax Assessments to Initial Oversights; Emphasizes Diligence u/ss 147 & 148 of Income Tax Act.

April 12, 2018

Case Laws Income Tax HC

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