Income Tax Act: AO Must Address Objections Before Reassessment u/ss 147/148 to Ensure Valid Assessment Orders.

Income Tax Act: AO Must Address Objections Before Reassessment u/ss 147/148 to Ensure Valid Assessment Orders. https://www.taxtmi.com/highlights?id=33996 Reassessment u/s 147/148 - the mandatory procedure of disposal of the objection by AO before proceeding with the assessment has not been followed and exercise of power can be said as not only vitiated, but the order of assessment cannot be sustained - HC en-us Mon, 27 Mar 2017 08:13:02 +0530 Mon, 27 Mar 2017 08:13:02 +0530 TaxTMI RSS Generator Income Tax Act: AO Must Address Objections Before Reassessment u/ss 147/148 to Ensure Valid Assessment Orders. https://www.taxtmi.com/highlights?id=33996 Reassessment u/s 147/148 - the mandatory procedure of disposal of the objection by AO before proceeding with the assessment has not been followed and exercise of power can be said as not only vitiated, but the order of assessment cannot be sustained - HC Highlights Income Tax Mon, 27 Mar 2017 08:13:02 +0530 https://www.taxtmi.com/highlights?id=33996