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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Reopening of assessment u/s 147 – reopening is merely pretence ...


Court Sets Aside Reassessment u/s 147, Finds It a Mere Pretense to Investigate Taxable Status.

November 7, 2014

Case Laws     Income Tax     AT

Reopening of assessment u/s 147 – reopening is merely pretence to examine, whether the assessee is a taxable unit or not and whether there could be possibility of loss of revenue - reassessmentn set aside - AT

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