Reopening of assessment u/s 147 - return processed u/s 143(1) - ...

Reassessment Valid: Section 147 Allows Review When Initial Processing Done u/s 143(1) Without Scrutiny.

August 9, 2019

Case Laws Income Tax HC

Reopening of assessment u/s 147 - return processed u/s 143(1) - Addition u/s 68 - Mere disclosure of receipt of unsecured loans would not be sufficient to avoid reassessment in case where the return was accepted without scrutiny - Reopening valid

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Reopening of assessment u/s 147 - return processed u/s 143(1) - ...

Reassessment Valid: Section 147 Allows Review When Initial Processing Done u/s 143(1) Without Scrutiny.

August 9, 2019

Case Laws Income Tax HC

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