Friday, May 17, 2019

No reassessment after 4 years in absence of any failure on part of assessee to disclose material facts: HC

IT: Where assessee-builder claimed proportionate deduction under section 80-IB(10) in respect of those residential units only which had area less than 1500 sq. ft. and Assessing Officer after conscious application of mind allowed same, reassessment after 4 years would be impermissible

from www.taxmann.com Latest Case Laws http://bit.ly/2WKn0Fy
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