Reopening of assessment u/s 147 - addition made on protective ...

Court Rules Protective Tax Addition Unsustainable as Substantive Addition Finalized u/s 147 of Income Tax Act.

June 26, 2021

Case Laws Income Tax AT

Reopening of assessment u/s 147 - addition made on protective basis - the present appeal is being decided only on the basis of the fact that substantive addition has attained finality. In the circumstances, protective addition cannot be sustained. - AT

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Reopening of assessment u/s 147 - addition made on protective ...

Court Rules Protective Tax Addition Unsustainable as Substantive Addition Finalized u/s 147 of Income Tax Act.

June 26, 2021

Case Laws Income Tax AT

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