TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Reopening of assessment: prima facie formation of opinion precludes treating enquiries as roving; impugned orders maintained.</h1> The note addresses validity of reopening assessments where an authority assumes jurisdiction under statutory reopening provisions and forms a prima facie ... Validity of reopening of assessment - assumption of jurisdiction under Section 149(1)(b) - prima facie formation of opinion under Section 148A precludes characterization as a roving inquiry - cash withdrawal would fall within the ambit of the expression “asset” as defined under Section 149 or not? HELD THAT:- We find no good ground to interfere with the impugned order(s) passed by the High Court. The Special Leave Petitions are, accordingly, dismissed. Outcome: Special Leave Petition dismissed [No detailed order].
TaxTMI 
TaxTMI 
