https://www.taxtmi.com/highlights?id=55912 Validity of reopening of assessment - original proceedings for assessment were by way of an intimation under Section 143(1)(a)/143(1) - We find no legal infirmity in the initiation of proceedings for re-assessment in this case. Re-assessment, be it within or beyond four years, has to be based on tangible material dehors that which is available on record, that has come to the notice of the AO. - HC en-us Wed, 16 Dec 2020 11:38:01 +0530 Wed, 16 Dec 2020 11:38:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55912 Validity of reopening of assessment - original proceedings for assessment were by way of an intimation under Section 143(1)(a)/143(1) - We find no legal infirmity in the initiation of proceedings for re-assessment in this case. Re-assessment, be it within or beyond four years, has to be based on tangible material dehors that which is available on record, that has come to the notice of the AO. - HC Highlights Income Tax Wed, 16 Dec 2020 11:38:01 +0530 https://www.taxtmi.com/highlights?id=55912