Reassessment u/s 147 - within four years from the end of the ...

Reassessment u/s 147 invalid: AO can't reopen case based on changed opinion or superior's direction.

August 3, 2019

Case Laws Income Tax HC

Reassessment u/s 147 - within four years from the end of the relevant AY - AO resisted the audit objection and defended the completion of assessment - AO merely changing his opinion or having a second thought on the basis of materials on record and that too reluctantly and reeling under the dictation from the superior officer - reopening not valid

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Reassessment u/s 147 - within four years from the end of the ...

Reassessment u/s 147 invalid: AO can't reopen case based on changed opinion or superior's direction.

August 3, 2019

Case Laws Income Tax HC

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