Saturday, January 30, 2021

No reassessment if an error discovered by AO on reconsideration of material used during assessment

INCOME TAX : Oversight, inadvertence or mistake of Assessing Officer or error discovered by him on reconsideration of same material is mere change of opinion and does not give him power to reopen a concluded assessment

from www.taxmann.com Latest Case Laws https://ift.tt/39uFDG6
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