Monday, June 22, 2020

HC rightly set-aside reassessment as allowability of R&D exp. duly examined during regular assessment; SLP dismissed

INCOME TAX : Where High Court set aside reassessment proceedings on ground that issue relating to allowability of research and development expenses had duly been examined by Assessing Officer and, thus, initiation of reassessment proceedings was not permissible on basis of mere change of opinion, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/3eoUySb
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