Reopening of assessment u/s 147 - As used the expression 'seems' ...

Court Rejects Reopening Assessment u/s 147 Due to Uncertainty and Change of Opinion by Assessing Officer.

September 26, 2020

Case Laws Income Tax HC

Reopening of assessment u/s 147 - As used the expression 'seems' by stating that though the assessee seems to be qualified under clause (a) to Section 43(5), since they had not complied with condition ('d') they are not entitled to any relief. As pointed out earlier reopening, based upon a change of opinion or a review of decision taken by the Assessing officer, is impermissible. - HC

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Reopening of assessment u/s 147 - As used the expression 'seems' ...

Court Rejects Reopening Assessment u/s 147 Due to Uncertainty and Change of Opinion by Assessing Officer.

September 26, 2020

Case Laws Income Tax HC

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