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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Reassessment proceedings u/s.147 - The entry provider entries ...


Reassessment Proceedings Upheld u/s 147 Due to Lack of Genuine Business Activity in Provider Entries.

December 17, 2019

Case Laws     Income Tax     AT

Reassessment proceedings u/s.147 - The entry provider entries did not have any genuine business activity - AO has duly applied his mind and verified the information from the audited accounts of the assessee - Reopening of case sustained.

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