<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Rectification and reassessment on identical grounds u/ss 154 and 147/148 quashed for lack of proper disclosure failure.</title>
    <link>https://www.taxtmi.com/highlights?id=48194</link>
    <description>Reassessment u/s 147/148 - Initiation of rectification u/s 154 by the AO and simultaneously initiating the reassessment u/s 147/148 on the same reasons, particularly when there is no failure on the part of the assessee to fully and truly disclose all material facts necessary for assessment, are not sustainable in the eyes of law and is liable to be quashed</description>
    <language>en-us</language>
    <pubDate>Thu, 25 Jul 2019 08:51:56 +0530</pubDate>
    <lastBuildDate>Thu, 25 Jul 2019 08:51:56 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=581098" rel="self" type="application/rss+xml"/>
    <item>
      <title>Rectification and reassessment on identical grounds u/ss 154 and 147/148 quashed for lack of proper disclosure failure.</title>
      <link>https://www.taxtmi.com/highlights?id=48194</link>
      <description>Reassessment u/s 147/148 - Initiation of rectification u/s 154 by the AO and simultaneously initiating the reassessment u/s 147/148 on the same reasons, particularly when there is no failure on the part of the assessee to fully and truly disclose all material facts necessary for assessment, are not sustainable in the eyes of law and is liable to be quashed</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Thu, 25 Jul 2019 08:51:56 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=48194</guid>
    </item>
  </channel>
</rss>