Stay petition - Reopening of assessment u/s 147 - Prima facie on ...

Court Stays Reopening of Tax Assessment u/s 147; Criticizes Mechanical 20% Tax Demand Payment Requirement.

April 16, 2020

Case Laws Income Tax HC

Stay petition - Reopening of assessment u/s 147 - Prima facie on the basis of coded language diary entries and retracted uncorroborated statement of an alleged beneficiary, perhaps, the additions made by the Assessing Officer is highly questionable - a mechanical approach by directing the petitioner to pay 20% of the tax demand is not correct - stay granted - HC

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Stay petition - Reopening of assessment u/s 147 - Prima facie on ...

Court Stays Reopening of Tax Assessment u/s 147; Criticizes Mechanical 20% Tax Demand Payment Requirement.

April 16, 2020

Case Laws Income Tax HC

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