https://www.taxtmi.com/highlights?id=50107 Reopening of assessment u/s 147 - a plain reading of clause (ca) of Explanation 2 of Section 147 makes it clear that it cannot be gainsaid that Section 133C survey cannot be the basis for a Section 148 notice regarding escaped assessment (escaped assessment within the meaning of Section 147 of IT Act). en-us Fri, 08 Nov 2019 08:21:07 +0530 Fri, 08 Nov 2019 08:21:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50107 Reopening of assessment u/s 147 - a plain reading of clause (ca) of Explanation 2 of Section 147 makes it clear that it cannot be gainsaid that Section 133C survey cannot be the basis for a Section 148 notice regarding escaped assessment (escaped assessment within the meaning of Section 147 of IT Act). Highlights Income Tax Fri, 08 Nov 2019 08:21:07 +0530 https://www.taxtmi.com/highlights?id=50107