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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Reassessment u/s 147 - the reasons for initiation of the ...


High Court dismisses premature petition challenging reassessment initiation u/s 147 by Assessing Authority with valid grounds.

March 27, 2018

Case Laws     Income Tax     HC

Reassessment u/s 147 - the reasons for initiation of the proceedings as assigned by the Respondent-Assessing Authority, prima facie, indicates that the Assessing Authority had sufficient and reasonable reasons to initiate such proceedings - petition dismissed as premature - HC

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