Reassessment u/s 147 - In ‘Note’ in Annual Reports on Software ...

Income Tax

June 27, 2019

Reassessment u/s 147 - In ‘Note’ in Annual Reports on Software development projects and the various stages of software development placed by the assessee before the AO discloses all information on project - it is presumed that AO has examined the entitlement of deduction u/s 10A in all angles and withdrawal of the same based on the assessment order for AY 2007-08 is without application of mind and nothing but change of opinion, which tantamounts to review and is not permissible

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Reassessment u/s 147 - In ‘Note’ in Annual Reports on Software ...

Income Tax

June 27, 2019

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