Reopening of assessment u/s 147 - Underlying legal principles is ...

Section 147: Assessing Officer Must Act Independently, Avoid External Influence for Unbiased Assessment Process.

July 24, 2020

Case Laws Income Tax HC

Reopening of assessment u/s 147 - Underlying legal principles is that the independence of the Assessing Officer cannot be interfered or questioned. No person can advice the AO to proceed with the assessment in a particular fashion. It is for the Assessing Officer to assess the books of accounts of the assessee and to frame the assessment. On the other hand, if the AO relies upon the borrowed material, it would be amounting to abdicating his duty as an AO. - HC

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Reopening of assessment u/s 147 - Underlying legal principles is ...

Section 147: Assessing Officer Must Act Independently, Avoid External Influence for Unbiased Assessment Process.

July 24, 2020

Case Laws Income Tax HC

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