Reopening of assessment u/s 147 - proper reasoning - Merely by ...

Income Tax

June 13, 2023

Reopening of assessment u/s 147 - proper reasoning - Merely by adding a line in the reasons recorded by the Assessing Officer that the assessee had failed to disclose fully and truly all material facts, requirement of proviso to section 147 of the Act would not be satisfied for the purpose of reopening of the assessment u/s 147 - AT

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Reopening of assessment u/s 147 - proper reasoning - Merely by ...

Income Tax

June 13, 2023

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AO has power to consider any other income even beyond the reason for which the assessment was reopened u/s 147 – AT

AO has power to consider any other income even beyond the reason for which the assessment was reopened u/s 147 – AT

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