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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Reopening of assessment - this reopening is not based on a ...


Reopening of Tax Assessment Lacks Genuine Basis, Seen as Response to Revenue Auditor's Objections.

June 14, 2016

Case Laws     Income Tax     AT

Reopening of assessment - this reopening is not based on a judicious approach formed on reasons to believe that there has been escapement of assessee’s taxable income from being assessed but merely seeks to satisfy the revenue auditor party’s objections. - AT

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