Approval by CIT even before recording reasons by AO for reopening u/s 147 not void -High Court
December 25, 2017
High Courts, Income Tax, Judgments
Approval by CIT even before recording reasons by AO for reopening u/s 147 may reflect premature approval but need not render initiation of proceedings as non-est or void -High Court Prelude: Section 147 of the Income Tax Act, 1961 contains enabling provisions for re-assessment of income escaping assessment. …