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Income Tax - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Reopening of assessment - reason to believe or reason to suspect ...


Tax Assessment Reopened on Unverified Document Lacking Signature; No Evidence of Income Received by Assessee.

May 11, 2020

Case Laws     Income Tax     AT

Reopening of assessment - reason to believe or reason to suspect - Noting in the loose paper on the basis of which the AO reopened the assessment did not contain any signature of the assessee and it is also not established whether at all any amount was received by the assessee and most important the Department could not bring on record any other corroborative evidences in support of the addition made

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