Reopening of assessment - Revenue has received cogent tangible ...

Revenue Reopens Assessment with New Evidence Linking Unassessed Income, Correctly Applying Sections 147 and 148.

June 27, 2016

Case Laws Income Tax AT

Reopening of assessment - Revenue has received cogent tangible material having live link/nexus with the reasons to believe that the income has escaped assessment, the return of income was originally processed and accepted u/s 143(1) and not u/s 143(3) r.w.s. 143(2) - case was re-opened within four years - Revenue has rightly invoked the provisions of section 147/148 - AT

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Reopening of assessment - Revenue has received cogent tangible ...

Revenue Reopens Assessment with New Evidence Linking Unassessed Income, Correctly Applying Sections 147 and 148.

June 27, 2016

Case Laws Income Tax AT

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