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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Reopening of assessment - scope of reasons recorded for ...


Notice Quashed: Reassessment Invalid Due to Filed Return and Omission of Section 50C Property Valuation Reference.

October 8, 2018

Case Laws     Income Tax     HC

Reopening of assessment - scope of reasons recorded for reopening of assessment - allegation of non filing of return to disclose income from house property but actual the return was filed - reference to section 50C for valuation of property was not mentioned in the notice - Notice quashed.

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