Validity of reopening of assessment - payment of purchase price ...

Notices u/s 148 Invalid Without Evidence of Purchase Price Exceeding Standard Market Price for Reassessment.

July 9, 2015

Case Laws Income Tax HC

Validity of reopening of assessment - payment of purchase price in excess to the SMP - there must be some further inquiry and/or tangible material with the AO - notices under Section 148 is not sustainable - HC

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Validity of reopening of assessment - payment of purchase price ...

Notices u/s 148 Invalid Without Evidence of Purchase Price Exceeding Standard Market Price for Reassessment.

July 9, 2015

Case Laws Income Tax HC

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