Friday, February 7, 2020

Issue of reassessment notice with prior approval of CIT instead of Addl. CIT was unsustainable; SLP dismissed

INCOME TAX: SLP dismissed against High Court ruling that when in terms of section 151(2), sanction to issue notice under section 148 has to be issued by Additional Commissioner, reopening of assessment with approval of Commissioner was unsustainable

from www.taxmann.com Latest Case Laws https://ift.tt/31zqo9o
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...