High Court affirms Assessing Officer's power to initiate reassessment u/s 147 despite intimation u/s 143(1).

High Court affirms Assessing Officer's power to initiate reassessment u/s 147 despite intimation u/s 143(1). https://www.taxtmi.com/highlights?id=13524 Reopening of the assessment u/s 147 – failure to take steps u/s 143(3) will not render the Assessing Officer powerless to initiate reassessment proceedings even when intimation u/s 143(1) had been issued - HC en-us Mon, 22 Jul 2013 11:13:03 +0530 Mon, 22 Jul 2013 11:13:03 +0530 TaxTMI RSS Generator High Court affirms Assessing Officer's power to initiate reassessment u/s 147 despite intimation u/s 143(1). https://www.taxtmi.com/highlights?id=13524 Reopening of the assessment u/s 147 – failure to take steps u/s 143(3) will not render the Assessing Officer powerless to initiate reassessment proceedings even when intimation u/s 143(1) had been issued - HC Highlights Income Tax Mon, 22 Jul 2013 11:13:03 +0530 https://www.taxtmi.com/highlights?id=13524