Monday, March 8, 2021

ITAT rightly quashed reassessment proceedings as reasons were not communicated to assessee : HC

INCOME TAX : Tribunal was right in quashing reassessment proceedings by Assessing Officer on ground that reasons for reopening were not communicated to assessee and despite opportunities, revenue was not able to produce any evidence to show that reasons recorded for reopening had been provided to assessee as requested by them in their letter

from www.taxmann.com Latest Case Laws https://ift.tt/3c8lFkJ
-
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...