Reopening of assessment u/s 147 - reassessment based on the ...

Reassessment Challenged: AO Must Specify Undisclosed Facts for Valid Reopening After Four Years.

January 8, 2024

Case Laws Income Tax HC

Reopening of assessment u/s 147 - reassessment based on the audit objections - Since the reassessment proceedings were triggered after four years, the AO ought to have indicated as to what were those material facts which the petitioner had failed to disclose. - HC

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Reopening of assessment u/s 147 - reassessment based on the ...

Reassessment Challenged: AO Must Specify Undisclosed Facts for Valid Reopening After Four Years.

January 8, 2024

Case Laws Income Tax HC

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