https://www.taxtmi.com/highlights?id=53697 Reopening of assessment u/s 147 - if in the course of such proceedings the respondent comes to a conclusion that there were other grounds on which assessment can be reopened, the respondent can assess or reassess such income in the light of Explanation 3 to Section 147 of the Income Tax Act, 1961. en-us Sat, 13 Jun 2020 12:58:59 +0530 Sat, 13 Jun 2020 12:58:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53697 Reopening of assessment u/s 147 - if in the course of such proceedings the respondent comes to a conclusion that there were other grounds on which assessment can be reopened, the respondent can assess or reassess such income in the light of Explanation 3 to Section 147 of the Income Tax Act, 1961. Highlights Income Tax Sat, 13 Jun 2020 12:58:59 +0530 https://www.taxtmi.com/highlights?id=53697