Validity of assessment u/s 147 instead of u/s 153C - AO should ...

Case Laws Income Tax

October 19, 2015

Validity of assessment u/s 147 instead of u/s 153C - AO should not confuse the expression ‘belongs to’ with the expression ‘relates to’ or ‘refers to’. - the documents in the case in hand belonged to the searched person. Under such circumstances the reopening in the case in hand has rightly been done under section 147 of the Act by the AO. - AT

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Validity of assessment u/s 147 instead of u/s 153C - AO should ...

Case Laws Income Tax

October 19, 2015

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