AO Must Independently Evaluate Deputy Collector's Findings Before Reopening Assessment u/s 147 Proviso.

AO Must Independently Evaluate Deputy Collector's Findings Before Reopening Assessment u/s 147 Proviso. https://www.taxtmi.com/highlights?id=45071 Reopening of assessment u/s 147 - Assessing Officer acted on the satisfaction of the Deputy Collector of Income Tax (Investigation) - AO would have to examine the information received in the context of the facts on record. - Thus, hit by the proviso to section 147 en-us Tue, 12 Mar 2019 08:15:51 +0530 Tue, 12 Mar 2019 08:15:51 +0530 TaxTMI RSS Generator AO Must Independently Evaluate Deputy Collector's Findings Before Reopening Assessment u/s 147 Proviso. https://www.taxtmi.com/highlights?id=45071 Reopening of assessment u/s 147 - Assessing Officer acted on the satisfaction of the Deputy Collector of Income Tax (Investigation) - AO would have to examine the information received in the context of the facts on record. - Thus, hit by the proviso to section 147 Highlights Income Tax Tue, 12 Mar 2019 08:15:51 +0530 https://www.taxtmi.com/highlights?id=45071