Belief of the Assessing Officer regarding escapement of income should be based on some tangible information In a recent judgment,…
What is registered e-mail address of assessee for issuance of notice u/s 148A(b)? Allahabad High Court explains, quashes re-assessment proceedings…
Escapement of income u/s 147 has to be established with concrete information under amended Act- High Court In a recent…
Reasons on which reopening done must first survive to make addition on additional issues also – ITAT explains Explanation 3…
Notice u/s 148 - at this stage what is required is a reason to believe and not to establish fact…
Reasons to believe escapement of income should be for the same assessment Year. Reasons recorded for earlier years can not…
Reopening notice u/s 148 quashed as it did not mention source of information or reference to person giving information ABCAUS…
Without cogent reasons for belief towards escapement, even a non-filer can not be forced to file a return u/s 147.…
Assessee must be put to notice of all provisions on which revenue relies upon. Supreme Court quashed reopening notice u/s…
Reopening u/s 147 /148 for escaped interest income upheld when AO by oversight failed to assess interest income duly disclosed…