Belief of the Assessing Officer regarding escapement of income should be based on some tangible information In a recent judgment,…
Escapement of income u/s 147 has to be established with concrete information under amended Act- High Court In a recent…
New allegation added in order passed u/s 148A(d) not present in show cause notice u/s 148A. High Court declines interference.…
High Court declines interference under writ jurisdiction at conclusion stage of re-assessment proceedings. In a recent order, the Hon'ble Allahabad…
Reasons on which reopening done must first survive to make addition on additional issues also – ITAT explains Explanation 3…
Manner and contents of assessment order framed not determinative whether or not reopening is a case of change of opinion…
Reasons to believe escapement of income should be for the same assessment Year. Reasons recorded for earlier years can not…
Where ITR is processed u/s 143(1) AO can form reasons to believe that income has escaped assessment by examining the…
Notice u/s 148 issued prior to approval granted by competent authority bad in law In the instant case, the assessee…
Filing belated return & non-registration u/s 12AA no valid reasons to issue notice u/s 148 in absence of other tangible…