Reason to believe standard must govern reopenings; increased digital-era turnover alone cannot justify reopening assessments. Reopening past income-tax assessments is permissible only where the Assessing Officer has reason to believe that income chargeable to tax has escaped assessment, not on mere suspicion. A rise in current-year turnover, including due to digital payment adoption, cannot alone justify reopening earlier years; Assessing Officers are advised not to reopen cases merely for that reason.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reason to believe standard must govern reopenings; increased digital-era turnover alone cannot justify reopening assessments.
Reopening past income-tax assessments is permissible only where the Assessing Officer has reason to believe that income chargeable to tax has escaped assessment, not on mere suspicion. A rise in current-year turnover, including due to digital payment adoption, cannot alone justify reopening earlier years; Assessing Officers are advised not to reopen cases merely for that reason.
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