Reopening of assessment u/s 147 - Reasons are required to be ...

Assessment Reopening Requires Clear Reasons by AO u/s 147; CIT(A) Upholds Taxpayer's Legal Challenge.

July 10, 2021

Case Laws Income Tax AT

Reopening of assessment u/s 147 - Reasons are required to be read as they were recorded by the AO. And that the AO himself must also speak through his reasons and should not keep and also seek through his reasons and should not be an assessee guessing for the same. CIT(A) has rightly accepted the assessee's legal arguments challenging validity of the impugned reassessment. - AT

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Reopening of assessment u/s 147 - Reasons are required to be ...

Assessment Reopening Requires Clear Reasons by AO u/s 147; CIT(A) Upholds Taxpayer's Legal Challenge.

July 10, 2021

Case Laws Income Tax AT

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