Reopening of assessment u/s 147 - There is no power granted to ...

Case Laws Income Tax

November 12, 2021

Reopening of assessment u/s 147 - There is no power granted to the AO under the statute to review the order in the garb of initiating the proceedings under section 147 of the Act. Accordingly we hold that, there will not be any difference whether the proceedings were initiated within 4 years or beyond the 4 years as far as change of opinion is concerned. - AT

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Reopening of assessment u/s 147 - There is no power granted to ...

Case Laws Income Tax

November 12, 2021

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