https://www.taxtmi.com/highlights?id=68121 Reopening of assessment u/s 147 - Reasons to believe - surrender of the pension policy - The policy in question was assigned to third party and said assignee had received the surrender value. The petitioner was sought to be taxed by way of reopening, the amount, which was as such received by third party. This was clearly not permissible in law - the petition of the petitioner is entitled to succeed. - HC en-us Mon, 06 Feb 2023 11:00:13 +0530 Mon, 06 Feb 2023 11:00:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68121 Reopening of assessment u/s 147 - Reasons to believe - surrender of the pension policy - The policy in question was assigned to third party and said assignee had received the surrender value. The petitioner was sought to be taxed by way of reopening, the amount, which was as such received by third party. This was clearly not permissible in law - the petition of the petitioner is entitled to succeed. - HC Highlights Income Tax Mon, 06 Feb 2023 11:00:13 +0530 https://www.taxtmi.com/highlights?id=68121