Reopening the Assessment u/s 147 - period of limitation - ...

Section 147 Reassessment: Limitations Apply Only if Expired Before AY 2006-07 Order; Section 150(1) Saves Otherwise.

April 29, 2020

Case Laws Income Tax HC

Reopening the Assessment u/s 147 - period of limitation - Limitation under sub-Section 2 to Section 150 will apply only when the limitation had already expired by the time before the assessment order for the Assessment Year 2006-07 was made. If not, there is a saving of limitation u/s 150(1) - HC

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Reopening the Assessment u/s 147 - period of limitation - ...

Section 147 Reassessment: Limitations Apply Only if Expired Before AY 2006-07 Order; Section 150(1) Saves Otherwise.

April 29, 2020

Case Laws Income Tax HC

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