Monday, July 23, 2018

Reason to initiate reassessment should emanate from material discovered after original assessment: HC

IT: Power conferred under section 147 is not one of review and is of reassessment for reasons recorded; these reasons recorded has to emanate from some material coming to notice of Assessing Officer after original assessment

from www.taxmann.com Latest Case Laws https://ift.tt/2uEK5NY
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