Reopening quashed as AO not recorded reasons of assesse's failure to disclose material facts fully and truly but notice u/s…
Belief of income escapement must indicate income escaping assessment than need of probe which may, or may not, lead to…
Reopening u/s 148 for mere non disclosure of bank account in ITR without forming belief that income has escaped assessment,…
AO should examined return of income and carry out initial investigation before coming to the conclusion that income has escaped…
No change of opinion when there was no earlier scrutiny assessment, therefore, the reopening of assessment was not bad in…
In a recent judgment, ITAT Amritsar has upheld that the mere AIR information that deposits were made in a bank account do…