Reopening of assessment u/s 147 - Scope of new Section 148A - ...

Court Quashes Order on Tax Assessment Reopening u/s 147; Emphasizes Inquiry and Opportunity u/s 148A.

June 11, 2022

Case Laws Income Tax HC

Reopening of assessment u/s 147 - Scope of new Section 148A - conducting inquiry providing opportunity before issuance of notice - We are not satisfied by the reasoning part of the impugned order, more particularly, when the details were supplied by the petitioner. Hence, we are of the opinion that the matter requires consideration and the same is allowed. The impugned order dated 31.03.2022 is hereby quashed and set aside. The matter is remitted back to the respondent- Authority. - HC

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Reopening of assessment u/s 147 - Scope of new Section 148A - ...

Court Quashes Order on Tax Assessment Reopening u/s 147; Emphasizes Inquiry and Opportunity u/s 148A.

June 11, 2022

Case Laws Income Tax HC

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