Tax Department Can Reassess Six Prior Years Without Incriminating Evidence u/s 153A.

Tax Department Can Reassess Six Prior Years Without Incriminating Evidence u/s 153A. https://www.taxtmi.com/highlights?id=44916 When a notice u/s 153A is issued, it enables the department to carry out re-assessment or assessment with respect to the six immediate prior years and the year in which the search is carried out. This does not require any incriminating material recovered on search relating to those prior years. en-us Tue, 05 Mar 2019 07:35:02 +0530 Tue, 05 Mar 2019 07:13:50 +0530 TaxTMI RSS Generator Tax Department Can Reassess Six Prior Years Without Incriminating Evidence u/s 153A. https://www.taxtmi.com/highlights?id=44916 When a notice u/s 153A is issued, it enables the department to carry out re-assessment or assessment with respect to the six immediate prior years and the year in which the search is carried out. This does not require any incriminating material recovered on search relating to those prior years. Highlights Income Tax Tue, 05 Mar 2019 07:35:02 +0530 https://www.taxtmi.com/highlights?id=44916