Reassessment - validity of fresh notice - withdrawal of earlier ...

Reassessment Notice Invalid Without Formal Withdrawal of Earlier Notice; Parallel Assessments Not Allowed.

May 27, 2018

Case Laws Income Tax HC

Reassessment - validity of fresh notice - withdrawal of earlier notice - Mere intention, a stated intention or even an intention which is otherwise put in practice cannot be equated with withdrawal of the notice - The law does not recognize two parallel assessments.

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Reassessment - validity of fresh notice - withdrawal of earlier ...

Reassessment Notice Invalid Without Formal Withdrawal of Earlier Notice; Parallel Assessments Not Allowed.

May 27, 2018

Case Laws Income Tax HC

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