https://www.taxtmi.com/circulars?id=56581 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. en-us Mon, 12 Sep 2016 00:00:00 +0530 Wed, 03 Jan 2018 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56581 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. Circulars Income Tax Mon, 12 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56581