Reopening us 147

  • Income Tax

Reassessment quashed as change of opinion when AO’s views formed in original assessment doubted

Reassessment quashed for being a change of opinion when view and opinion formed by AO in original assessment were doubted…

7 years ago
  • Income Tax

Reopening for not replying enquiry letter issued on AIR basis to verify source of investment held bad

Reopening for not replying enquiry letter issued on AIR basis to verify source of investment in the property held invalid…

7 years ago
  • Income Tax

Challenge to reopening u/s 147-Only reasons recorded are relevant not reasons given at a later stage

Challenge to reopening u/s 147-Only reasons recorded relevant which the Court has to examine and not reasons or explanations given…

7 years ago
  • Income Tax

Reopening approval by an officer superior to Joint Commissioner invalid u/s 151(2) of the Income Tax Act

Reopening approval by an officer superior to Joint Commissioner invalid. Approval by a superior officer do not satisfy the requirement…

7 years ago
  • Income Tax

Reopening us 147 based on material found in search not permissible – ITAT

Reopening us 147 based on material found in search not permissible. In such cases section 153C applies for framing assessment…

7 years ago
  • Income Tax

Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed.

Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed. Explanation-1 of section 147…

7 years ago
  • Income Tax

Reopening us 147 on the basis of photocopy document bad as they have little or no evidentiary value – ITAT

Reopening us 147 on the basis of photocopy document bad as it has been judicially held that photo copies have…

7 years ago
  • Income Tax

Reopening for cash deposits for non response to notice u/s 133(6) illegal where assessment was completed u/s 143(3)/147 4 years before

Reopening for cash deposits for non response to notice u/s 133(6) is illegal where assessment was completed u/s 143(3)/147 and…

7 years ago
  • Income Tax

Reopening us 147 after four years with Addl CIT approval bad. Notice u/s 148 was illegal as approval of CCIT/CIT was required u/s 151(1) – ITAT

Reopening us 147 after four years with Addl CIT approval bad. Notice u/s 148 was illegal as approval/satisfaction of CCIT/CIT…

7 years ago
  • Income Tax

Additions not related to reasons recorded for reopening not permissible as it was not subject matter of reasons recorded by AO for reopening the assessment

Additions not related to reasons recorded for reopening not permissible as it was not subject matter of reasons recorded by…

7 years ago