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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Reassessment - AO cannot open the accounts which have been drawn ...


High Court: Assessing Officer can't reassess compliant financial accounts under Companies Act, 1956 without objections.

February 24, 2014

Case Laws     Income Tax     HC

Reassessment - AO cannot open the accounts which have been drawn in accordance with the Companies Act, 1956, certified by the chartered accountant, accepted by the general body of the company, and placed before the Registrar to which he has not taken any objection - HC

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