https://www.taxtmi.com/article/detailed?id=8531 Reassessment under sections 147/148 is impermissible where the assessing officer had the return, audited accounts and tax audit report at the time of issuing an intimation under section 143(1) and did not issue the mandatory notice under section 143(2); the presence of a prescribed computation (including under section 115JA) and acceptance of the return by way of 143(1) intimation that was not followed by scrutiny indicates the officer treated the return as not requiring further inquiry, undermining later reopening and supporting reliance on precedent dismissing revenue's challenge in comparable circumstances. en-us Fri, 07 Jun 2019 07:29:35 +0530 Fri, 07 Jun 2019 07:29:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8531 Reassessment under sections 147/148 is impermissible where the assessing officer had the return, audited accounts and tax audit report at the time of issuing an intimation under section 143(1) and did not issue the mandatory notice under section 143(2); the presence of a prescribed computation (including under section 115JA) and acceptance of the return by way of 143(1) intimation that was not followed by scrutiny indicates the officer treated the return as not requiring further inquiry, undermining later reopening and supporting reliance on precedent dismissing revenue's challenge in comparable circumstances. Articles Income Tax Fri, 07 Jun 2019 07:29:35 +0530 https://www.taxtmi.com/article/detailed?id=8531