AO would have considerable latitude in issuing notice for ...

Assessing Officer's discretion upheld: Reopening notice valid if credible evidence shows taxable income escaped assessment.

July 2, 2016

Case Laws Income Tax HC

AO would have considerable latitude in issuing notice for re-opening if it is found that he had tangible material to form a belief that income chargeable to tax had escaped assessment, it would not be appropriate to strike down re-opening notice.

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AO would have considerable latitude in issuing notice for ...

Assessing Officer's discretion upheld: Reopening notice valid if credible evidence shows taxable income escaped assessment.

July 2, 2016

Case Laws Income Tax HC

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