Reopening of assessment - AO was entitled to exercise his powers ...

High Court Supports AO's Use of Section 148 Powers for Reopening Assessment Due to Lack of Transaction Verification Opportunity.

November 6, 2017

Case Laws Income Tax HC

Reopening of assessment - AO was entitled to exercise his powers u/s 148, as there was no opportunity to verify the transactions claimed to have made in those years. Therefore, it is not a case of change of opinion. - HC

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Reopening of assessment - AO was entitled to exercise his powers ...

High Court Supports AO's Use of Section 148 Powers for Reopening Assessment Due to Lack of Transaction Verification Opportunity.

November 6, 2017

Case Laws Income Tax HC

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