2019 (3) TMI 741 - SCH - Income Tax

Reopening of assessment u/s 147 - Original assessment u/s 143(3) - full and material disclosure - so called fresh material is nothing but what existed on the record and was a subject matter of query by the AO - Second chance to revenue is not permissible based on same material - deemed dividend addition - HELD THAT - SLP dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition under Article 136 of the Constitution of India. Delay was condoned, and pending applications were disposed of. (2019 (3) TMI 741 - SC Order)