2021 (3) TMI 702 - SCH - Income Tax

Reopening of assessment - Reasons for reopening of the assessment u/s 147 - EDC paid to HUDA was subject to TDS under Section 194 - AO cannot now review its decision, having failed to perform its statutory duty and therefore the impugned action of reopening is nothing but a change of opinion - HELD THAT - SLP dismissed.

Summary

The Supreme Court of India dismissed the special leave petition after condoning the delay. Pending applications were disposed of. (2021 (3) TMI 702 - SC Order)