Reopening of assessment u/s 147 - deduction u/s 57 disallowed - ...

Case Laws Income Tax

August 25, 2020

Reopening of assessment u/s 147 - deduction u/s 57 disallowed - AO has applied his mind and formed an opinion for allowance of this interest expenses while framing original assessment. Now, reopening on the very same issue tantamount to change of opinion which is not permissible in law. - AT

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Reopening of assessment u/s 147 - deduction u/s 57 disallowed - ...

Case Laws Income Tax

August 25, 2020

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