High Court quashed reopening on the incorrect presumption that no return filed
May 6, 2024
High Courts, Income Tax
High Court quashed reopening of assessment on the incorrect presumption that no return of income had been filed Re-assessment order u/s 147 quashed as reopening done on wrong assumption of non filing of return of income. In a recent judgment, Hon’ble Bombay High Court has quashed re-assessment order …