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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Reopening of assessment u/s 147 - The assessment of the assessee ...


Taxpayer's Assessment Reopened u/s 147; Officer Conducts Independent Analysis, Follows Legal Process.

January 25, 2020

Case Laws     Income Tax     AT

Reopening of assessment u/s 147 - The assessment of the assessee for the year under consideration thus was reopened by the Assessing Officer after arriving at his own satisfaction by analysing and cross-verifying the information received by him and since the same is clearly evident from the reasons recorded by him, we are of the view that the reopening of assessment by the Assessing Officer is in accordance with law.

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