TMI BlogWhile it cannot be disputed that considering section 153A of the Act, the Assessing Officer can reopen...While it cannot be disputed that considering section 153A of the Act, the Assessing Officer can reopen and/or assess the return with respect to six preceding years; however, there must be some incriminating material available with the Assessing Officer with respect to the sale transactions in the particular assessment year. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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