Re-opening of assessment u/s 147 of the Income Tax Act – Having ...

Section 147 reassessment can't be used to revisit Section 10A deduction if initially ignored by the Assessing Officer.

November 9, 2013

Case Laws Income Tax AT

Re-opening of assessment u/s 147 of the Income Tax Act – Having failed to look into a different dimension on which the deduction u/s. 10A could be disallowed to the assessee, the AO cannot be permitted to take recourse to reassessment proceedings u/s. 147 of the Act - AT

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Re-opening of assessment u/s 147 of the Income Tax Act – Having ...

Section 147 reassessment can't be used to revisit Section 10A deduction if initially ignored by the Assessing Officer.

November 9, 2013

Case Laws Income Tax AT

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