Reopening notice quashed as income was offered to tax after netting expenditure as already examined by CIT(A)
October 28, 2026
High Courts, Income Tax
Notice u/s 148 set aside as it was issued on the basis of same facts and material which were already examined by the CIT(A) in favour of the assessee. In a recent judgment, Hon’ble High Court has set aside notice issued u/s 148 for reopening the assessment, on …