Tax Assessment Reopening Barred by Sections 147 & 148 of Income Tax Act if Based on Information Change.

Tax Assessment Reopening Barred by Sections 147 & 148 of Income Tax Act if Based on Information Change. https://www.taxtmi.com/highlights?id=42634 Reopening of assessment - reopening relying on audit objection - change of information is impermissible. The Revenue was clearly barred by the provisions of section 147/148 of the Act. en-us Wed, 14 Nov 2018 17:23:14 +0530 Wed, 14 Nov 2018 17:23:14 +0530 TaxTMI RSS Generator Tax Assessment Reopening Barred by Sections 147 & 148 of Income Tax Act if Based on Information Change. https://www.taxtmi.com/highlights?id=42634 Reopening of assessment - reopening relying on audit objection - change of information is impermissible. The Revenue was clearly barred by the provisions of section 147/148 of the Act. Highlights Income Tax Wed, 14 Nov 2018 17:23:14 +0530 https://www.taxtmi.com/highlights?id=42634