TMI BlogHigh Court affirms Assessing Officer's power to initiate reassessment u/s 147 despite intimation u/s 143(1).Reopening of the assessment u/s 147 – failure to take steps u/s 143(3) will not render the Assessing Officer powerless to initiate reassessment proceedings even when intimation u/s 143(1) had been issued - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|