Reopening of assessment u/s 147 - What information is available ...

Case Laws Income Tax

January 18, 2023

Reopening of assessment u/s 147 - What information is available with the Assessing officer is neither stated nor enclosed with the reasons so recorded by him and thus not discernable from the reasons so recorded. Merely the fact that the assessee has sold certain shares with certain value on the stock exchange cannot by itself be held as tangible material. - AT

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Reopening of assessment u/s 147 - What information is available ...

Case Laws Income Tax

January 18, 2023

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