Best judgment Assessment u/s 144 read with section 147 - non ...

Court Affirms Legality of Reassessment Without Notice u/s 143(2) in Best Judgment Assessment Case.

February 27, 2023

Case Laws Income Tax AT

Best judgment Assessment u/s 144 read with section 147 - non issuance of notice u/s 143(2) - Once the language of the statute is plain, simple, clear and unambiguous, full effect is to be given, and no part could be held to be surplus, as Parliament was fully aware while enacting law. Thus, we reject this contention of the assessee that reassessment is bad in law owing to non issuance of notice u/s 143(2). - AT

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Best judgment Assessment u/s 144 read with section 147 - non ...

Court Affirms Legality of Reassessment Without Notice u/s 143(2) in Best Judgment Assessment Case.

February 27, 2023

Case Laws Income Tax AT

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