Reopening of assessment - Addition u/s 68 - during scrutiny ...

Reassessment u/ss 147/148 Quashed: AO Already Reviewed Transactions, Creditor Identity, and Creditworthiness in Initial Scrutiny.

June 2, 2015

Case Laws Income Tax AT

Reopening of assessment - Addition u/s 68 - during scrutiny assessment, AO has examined all the details, creditworthiness of the transactions and identity of the creditor the reassessment proceedings initiated u/s. 147/148 are illegal and is liable to be quashed - AT

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Reopening of assessment - Addition u/s 68 - during scrutiny ...

Reassessment u/ss 147/148 Quashed: AO Already Reviewed Transactions, Creditor Identity, and Creditworthiness in Initial Scrutiny.

June 2, 2015

Case Laws Income Tax AT

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