Reopening of assessment - nonreporting of the receipt of income ...

Assessment Reopening Justified for Nonreported Royalty Income; Tax Deduction at Source Does Not Prevent Escapement.

September 15, 2018

Case Laws Income Tax HC

Reopening of assessment - nonreporting of the receipt of income on account of royalty is a valid ground for the Ld. AO to propose the reopening of the assessment, and it cannot be said that there was no escapement of income merely because tax was deducted at source on such income

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Reopening of assessment - nonreporting of the receipt of income ...

Assessment Reopening Justified for Nonreported Royalty Income; Tax Deduction at Source Does Not Prevent Escapement.

September 15, 2018

Case Laws Income Tax HC

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