Reopening of assessment u/s 147 - AO can add other items of ...

Assessing Officer can add income items in Section 147 reopenings, but must address escaped income first for validity.

January 10, 2023

Case Laws Income Tax AT

Reopening of assessment u/s 147 - AO can add other items of income along with the income for the escapement of which the assessment was reopened. However, without assessing that escaped income the Assessing Officer cannot make assessment of other items of income. Thus,no hesitation in holding that the addition made by disallowing the expenses claimed is unsustainable. - AT

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Reopening of assessment u/s 147 - AO can add other items of ...

Assessing Officer can add income items in Section 147 reopenings, but must address escaped income first for validity.

January 10, 2023

Case Laws Income Tax AT

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