Reopening of assessment u/s 147 - allegation that entity Mridul ...

Court Upholds Reopening of Assessment u/s 147; Sufficient Evidence of Transactions with Mridul Securities Found.

November 25, 2022

Case Laws Income Tax HC

Reopening of assessment u/s 147 - allegation that entity Mridul Securities is involved in providing accommodation entries and the Assessee is the beneficiary of the specified alleged transaction - In light of the information which forms the basis of the initiation of the inquiry and in view of the fact that the transactions with Mridul Securities are admitted by the Petitioners, we do not find any case for interfering in the writ proceedings. - HC

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Reopening of assessment u/s 147 - allegation that entity Mridul ...

Court Upholds Reopening of Assessment u/s 147; Sufficient Evidence of Transactions with Mridul Securities Found.

November 25, 2022

Case Laws Income Tax HC

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