Reopening of assessment - whether the Assessing Officer has ...

Assessing Officer's reasons for reopening assessment do not meet Section 147 requirements; courts interpret differently.

November 4, 2015

Case Laws Income Tax AT

Reopening of assessment - whether the Assessing Officer has “reason to believe” that any income chargeable to tax has “eascaped assessment”? - the reason to believe as formed by the AO are not in terms as contemplated by section 147 and as mandated by the courts - AT

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Reopening of assessment - whether the Assessing Officer has ...

Assessing Officer's reasons for reopening assessment do not meet Section 147 requirements; courts interpret differently.

November 4, 2015

Case Laws Income Tax AT

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