TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Invalid Reassessment under Income-tax Act 147 Upheld</h1> The High Court of Calcutta held that reassessment proceedings under section 147 of the Income-tax Act were invalid as new findings were not available ... Failure To Disclose Fully And Truly, Reassessment The High Court of Calcutta ruled that the reassessment proceedings under section 147 of the Income-tax Act were not validly initiated as the assessee had already been assessed in a regular manner and the new findings were not in existence at the time of the original assessment. The Tribunal's decision to quash the reassessment proceedings was upheld. The judgment was agreed upon by Judges K. M. Yusuf and Ajit Kumar Sengupta.
TaxTMI 
TaxTMI 
