Reopening us 147 148 invalid if assessee replied questionnaire raising specific queries during original assessment as it would amount to…
Reopening of a case u/s 147/148, a post mortem exercise of analysing materials produced subsequently will not cure an inherently defective…
In a recent judgment, ITAT Delhi has stated that a concluded assessment can not be reopening u/s 147/148 based on…
Writing “Yes, I am Satisfied” establishes non recording of proper satisfaction/approval before issue of notice u/s 148 No sooner than…
In a latest judgment, ITAT Chandigarh has held that notice u/s 148 of the Income Tax Act, 1961 served upon by affixture at…
Merely writing yes/approved and affixing signature by CIT is not proper satisfaction for a fit case for re-opening u/s 147…
Reassessment proceedings cannot be resorted to only to examine the facts of a case, no matter how desirable that be unless…