Reassessment scope: assessing officer may assess escaped income except matters under appeal or revision process. The amendment permits the Assessing Officer to assess or reassess income that is chargeable to tax and has escaped assessment, excluding income that is ... Summary
Reassessment scope: assessing officer may assess escaped income except matters under appeal or revision process.
The amendment permits the Assessing Officer to assess or reassess income that is chargeable to tax and has escaped assessment, excluding income that is the subject matter of any appeal, reference or revision.
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