Reassessment u/s 147 - proceedings after expiry of 6 years - ...

Reassessment under Income Tax Act Section 147 quashed; proceedings beyond six years void due to Section 149 limits.

July 6, 2019

Case Laws Income Tax AT

Reassessment u/s 147 - proceedings after expiry of 6 years - direction by court or mere observation - AO applied the provisions of section 150, when the findings of the coordinate bench are not direction but observation - proceedings initiated u/s 147 beyond 6 years are void ab-initio as per the time limit prescribed u/s 149 - assessment order quashed

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Reassessment u/s 147 - proceedings after expiry of 6 years - ...

Reassessment under Income Tax Act Section 147 quashed; proceedings beyond six years void due to Section 149 limits.

July 6, 2019

Case Laws Income Tax AT

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