Reopening Assessment Requires Jurisdictional Basis; Lack of Information Not Sufficient for Section 148 Notice.

Reopening Assessment Requires Jurisdictional Basis; Lack of Information Not Sufficient for Section 148 Notice. https://www.taxtmi.com/highlights?id=40301 Reopening of assessment - validity of reasons to believe - Just by stating 'absence of information', the Respondent revenue cannot get over the jurisdiction bar. - notice u/s 148 is without jurisdiction. en-us Mon, 09 Jul 2018 16:15:58 +0530 Mon, 09 Jul 2018 16:15:58 +0530 TaxTMI RSS Generator Reopening Assessment Requires Jurisdictional Basis; Lack of Information Not Sufficient for Section 148 Notice. https://www.taxtmi.com/highlights?id=40301 Reopening of assessment - validity of reasons to believe - Just by stating 'absence of information', the Respondent revenue cannot get over the jurisdiction bar. - notice u/s 148 is without jurisdiction. Highlights Income Tax Mon, 09 Jul 2018 16:15:58 +0530 https://www.taxtmi.com/highlights?id=40301