Saturday, December 5, 2020

Reassessment on mere change of opinion was unjustified as issue of non-deduction of tax was discussed during original assessment

INCOME TAX : Where aspect of non-deduction of TDS on machine hire charges was discussed by Assessing Authority during original assessment and he allowed said charges, on a mere change of opinion, Assessing Authority could not have invoked reassessment proceedings to disallow said hire charges under section 40(a)(ia)

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