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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Reopening of assessment u/s 148 – assessee disclosed all the ...


High Court Quashes Reopening of Assessment u/s 148; All Facts Disclosed, Notice Issued Beyond Four Years.

November 3, 2014

Case Laws     Income Tax     HC

Reopening of assessment u/s 148 – assessee disclosed all the material facts in the return which was under scrutiny u/s 143(3) - if the AO had doubt about the validity of the claim in law, during scrutiny the same could have been examined - notice beyond 4 years quashed - HC

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