Validity of reopening of assessment u/s 147 - the assessment ...

Assessment Reopening u/s 147 Invalid: Lack of Speaking Order and Misalignment with Alleged Escaped Income.

May 25, 2021

Case Laws Income Tax AT

Validity of reopening of assessment u/s 147 - the assessment becomes a nullity and does not survive as the Assessing Officer has not passed a speaking order of disposal of the objections filed by the assessee. The assessment also becomes void-ab-intio as the reasons recorded are also not in consonance with the actual escapement of the income of the assessee. - AT

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Validity of reopening of assessment u/s 147 - the assessment ...

Assessment Reopening u/s 147 Invalid: Lack of Speaking Order and Misalignment with Alleged Escaped Income.

May 25, 2021

Case Laws Income Tax AT

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