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 Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The ITAT, following a difference of opinion between its members, referred the matter to a Third Member who concurred with the Judicial Member's view that the reopening of assessment under section 147 read with section 148 was invalid. The Third Member held that once the addition relating to the alleged bogus LTCG, which formed the original reason for reopening, was deleted, the other additions not forming part of the original reasons recorded could not be sustained. Consequently, the appeal was allowed in favor of the assessee, invalidating the reopening and setting aside the additional assessments made beyond the scope of the original reasons recorded.
TaxTMI 
TaxTMI 
