Revision u/s 263 - reassessment u/s 147 - AO was satisfied the ...

Reassessment u/s 147 Invalid: AO Satisfied with Explanation, Reopening u/s 263 Unlawful.

January 13, 2020

Case Laws Income Tax AT

Revision u/s 263 - reassessment u/s 147 - AO was satisfied the explanation of the assessee with regard to Accommodation entries. - Reopening of the assessment in this case is invalid, bad in law and therefore, such re-assessment proceedings could not be reopened u/s 263

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Revision u/s 263 - reassessment u/s 147 - AO was satisfied the ...

Reassessment u/s 147 Invalid: AO Satisfied with Explanation, Reopening u/s 263 Unlawful.

January 13, 2020

Case Laws Income Tax AT

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