Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed.
July 27, 2017
High Courts, Income Tax, Judgments
Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed. Explanation-1 of section 147 do not relieves AO of burden of demonstrating the assessee’s failure. Delhi High Court explains the jurisdictional requirement of reopening of income tax cases u/s 14/148 post amendment …