Reopening of assessment u/s 147 - AO issued notice under section ...

Case Laws Income Tax

December 29, 2022

Reopening of assessment u/s 147 - AO issued notice under section 148 of the Act only to make a roving inquiry into the facts which were already considered by the Assessing Officer at the time of framing the original assessment under section 143(3) of the Act. It appears that the Assessing Officer now wants to re-verify the facts which is not permissible to be an acceptable ground for exercising powers to reopen the assessment. - HC

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Reopening of assessment u/s 147 - AO issued notice under section ...

Case Laws Income Tax

December 29, 2022

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