Monday, September 13, 2021

Reassessment valid if TDS appearing in Form 26AS was deliberately not claimed to concealed facts during assessment: HC

INCOME TAX : Where there was a huge mismatch in receipts appearing in Form 26AS vis-a-vis receipts credited in Pamp;L account as assessee never disclosed and claimed TDS from certain parties during assessment proceedings, though he had opportunity to do so and therefore, deliberately concealed particulars during assessment proceedings, reopening of assessment was justified.

from www.taxmann.com Latest Case Laws https://ift.tt/3E8YkfU
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