https://www.taxtmi.com/acts?id=21193 Amendment adds a clause to the reassessment explanation authorising reopening where no return is filed or where, based on information or documents received from the prescribed income tax authority through the statutory information sharing mechanism, the Assessing Officer determines the assessee's income exceeds the non taxable threshold or that the return understates income or claims excessive loss, deduction, allowance or relief. en-us Fri, 06 May 2016 16:42:50 +0530 Fri, 06 May 2016 16:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21193 Amendment adds a clause to the reassessment explanation authorising reopening where no return is filed or where, based on information or documents received from the prescribed income tax authority through the statutory information sharing mechanism, the Assessing Officer determines the assessee's income exceeds the non taxable threshold or that the return understates income or claims excessive loss, deduction, allowance or relief. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 16:42:50 +0530 https://www.taxtmi.com/acts?id=21193