Reassessment after 4 justified if tangible material wasn’t taken into consideration during original assessment: HC

INCOME TAX : Where assessment was sought to be reopened beyond a period of four years, mere availability of tangible material would be sufficient for purpose of invoking powers under section 147

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316861/reassessment-after-4-justified-if-tangible-material-wasn’t-taken-into-consideration-during-original-assessment-hc.aspx