Reopening assessment us 147-148 for verification of details is illegal, A Fishing inquiry is not contemplated in Income Tax Act – ITAT
June 10, 2016
Income Tax, ITAT, Judgments
Reopening assessment us 147/148 for verification of details illegal The Assessing Officer merely sought to reopen the assessment for verification of the details, which is not contemplated under section 147 of the Act. This was held by ITAT in a recent judgment. ABCAUS Case Law Citation: 939 2016 …