Reopening of assessment u/s 147 - It is sufficient if any one of ...

High Court: Objective satisfaction and prima facie case sufficient to reopen assessment u/s 147 of Income Tax Act.

September 6, 2021

Case Laws Income Tax HC

Reopening of assessment u/s 147 - It is sufficient if any one of the conditions stipulated in Proviso clause to Section 147 is satisfied for reopening of assessment. - The sufficiency of the reasons need not be gone into by the High Court in a writ proceedings. Thus, if there is a prima facie case for the purpose of reopening of assessment, and the objective satisfaction is sufficient for the purpose of reopening of assessment. - HC

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Reopening of assessment u/s 147 - It is sufficient if any one of ...

High Court: Objective satisfaction and prima facie case sufficient to reopen assessment u/s 147 of Income Tax Act.

September 6, 2021

Case Laws Income Tax HC

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