https://www.taxtmi.com/highlights?id=48343 Reopening of assessment u/s 147 - Return filed was non-est return and not a valid return in the eyes of law as per Section 139(4)- Clause (a) of Explanation 2 would squarely apply which provide that income would be deemed to have escaped assessment in case no return was furnished although assessee income exceeded the maximum amount which is not chargeable to income tax - reassessment valid en-us Fri, 02 Aug 2019 06:27:14 +0530 Fri, 02 Aug 2019 06:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48343 Reopening of assessment u/s 147 - Return filed was non-est return and not a valid return in the eyes of law as per Section 139(4)- Clause (a) of Explanation 2 would squarely apply which provide that income would be deemed to have escaped assessment in case no return was furnished although assessee income exceeded the maximum amount which is not chargeable to income tax - reassessment valid Highlights Income Tax Fri, 02 Aug 2019 06:27:14 +0530 https://www.taxtmi.com/highlights?id=48343