Reopening of assessment - bogus expenditure - There is nothing ...

Reassessment of Alleged Bogus Expenditure Unjustified Due to Lack of Evidence and TDS Deductions Indicating Legitimacy.

August 3, 2018

Case Laws Income Tax HC

Reopening of assessment - bogus expenditure - There is nothing to show that the entities to whom payments were made (by the assessee) were fictitious; in fact TDS amounts were apparently deducted. There was no fresh evidence supporting the reassessment. Consequently, there was no tangible, specific material to justify the impugned reassessment notice.

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Reopening of assessment - bogus expenditure - There is nothing ...

Reassessment of Alleged Bogus Expenditure Unjustified Due to Lack of Evidence and TDS Deductions Indicating Legitimacy.

August 3, 2018

Case Laws Income Tax HC

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