2019 (8) TMI 536 - SCH - Income Tax

Reopening of assessment u/s 147 - BAL had transferred telecom infrastructure assets to its subsidiary and the present petitioner-BIL on 31st January, 2008 for nil consideration under a Scheme of Arrangement ( SOA ) approved by the Delhi High Court - scheme of demerger conceived - validity of Reasons to believe - HELD THAT - Special Leave Petition is dismissed.