Reassessment u/s 147 - level of enquiry at stage of re-opening ...

Assessing Officer Failed to Independently Verify Documents in Reassessment; Relied Solely on Enforcement Directorate's Findings.

August 10, 2019

Case Laws Income Tax HC

Reassessment u/s 147 - level of enquiry at stage of re-opening and in reopening proceedings - In the re-assessment proceedings the AO was expected to undertake a full-fledged inquiry into the documents produced before him to come to the conclusion that the addition sought to be made was justified - AO seems to have done is to simply borrow the conclusions drawn by the ED without any independent inquiry - no addition

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Reassessment u/s 147 - level of enquiry at stage of re-opening ...

Assessing Officer Failed to Independently Verify Documents in Reassessment; Relied Solely on Enforcement Directorate's Findings.

August 10, 2019

Case Laws Income Tax HC

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