https://www.taxtmi.com/highlights?id=54255 Validity of Reopening of assessment u/s 147 - AO never had occasion to verify various claims made by the assessee in the return of income - When in the course of assessment proceedings for the assessment year 2012–13, AO was informed about the receipt of compensation from NTCL for the AY 2010-11 - Reassessment proceedings sustained. - AT en-us Wed, 05 Aug 2020 09:28:29 +0530 Wed, 05 Aug 2020 09:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54255 Validity of Reopening of assessment u/s 147 - AO never had occasion to verify various claims made by the assessee in the return of income - When in the course of assessment proceedings for the assessment year 2012–13, AO was informed about the receipt of compensation from NTCL for the AY 2010-11 - Reassessment proceedings sustained. - AT Highlights Income Tax Wed, 05 Aug 2020 09:28:29 +0530 https://www.taxtmi.com/highlights?id=54255