Tuesday, February 5, 2019

AO couldn't reopen case on basis of conclusion drawn by another AO

IT : Formation of opinion by another Assessing Officer on same set of documents and materials cannot give justifiable ground to Assessing Officer of present assessee to contend that there is additional information or material at his command permitting him to have a relook at situation and to resort to reassessment

from www.taxmann.com Latest Case Laws http://bit.ly/2RFmG7E
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