Reopening of assessment - non-reporting of the receipt of income ...

Assessment Reopening Justified for Non-Reported Royalty Income; Tax Deduction Doesn't Prove No Income Escapement.

September 17, 2018

Case Laws Income Tax HC

Reopening of assessment - non-reporting 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 - non-reporting of the receipt of income ...

Assessment Reopening Justified for Non-Reported Royalty Income; Tax Deduction Doesn't Prove No Income Escapement.

September 17, 2018

Case Laws Income Tax HC

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