Reopening of assessment u/s 147 - re-assessment even if in case ...

Reassessment Allowed u/s 147 of Income Tax Act if AO Believes Income Escaped, Even Without Initial Scrutiny.

September 5, 2019

Case Laws Income Tax HC

Reopening of assessment u/s 147 - re-assessment even if in case where return was not scrutinized before the income chargeable to tax has escaped before acceptance originally cannot restore unless the A.O. has reason to believe that the income chargeable to tax has escaped. - HC

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Reopening of assessment u/s 147 - re-assessment even if in case ...

Reassessment Allowed u/s 147 of Income Tax Act if AO Believes Income Escaped, Even Without Initial Scrutiny.

September 5, 2019

Case Laws Income Tax HC

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