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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - Reason to believe - issuance ...


Tax Reassessment Challenged: Section 148 Notice Lacks New Evidence, Misused for Reviewing Previous Order u/s 147.

April 6, 2023

Case Laws     Income Tax     HC

Reopening of assessment u/s 147 - Reason to believe - issuance of a notice u/s 148 in the absence of any new tangible material was nothing but an attempt to review the earlier order of assessment passed by the A.O. - HC

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