Reopening of assessment - receipt of accommodation entries - it ...

Court Quashes Reassessment Due to Lack of Independent Evaluation by Assessing Officer on Income Escape Claim.

December 27, 2018

Case Laws Income Tax AT

Reopening of assessment - receipt of accommodation entries - it is not at all discernible as to whether the Assessing Officer had applied his mind to the information and independently arrived at a belief that, on the basis of the material which he had before him, income had escaped assessment - reopening proceedings quashed.

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Reopening of assessment - receipt of accommodation entries - it ...

Court Quashes Reassessment Due to Lack of Independent Evaluation by Assessing Officer on Income Escape Claim.

December 27, 2018

Case Laws Income Tax AT

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