https://www.taxtmi.com/highlights?id=68536 Reopening of assessment u/s 147 - validity of order u/s 148A(d) - Here is the case, where, by total non application of mind to the fact that in respect of subsequent Assessment Years 2016-17, 2017-18, 2018-19, it has been accepted by the respondent that the petitioner is a Section 10(23C)(iiiab) institution and is entitled for exemption, the impugned Assessment Order has been passed. However, the re-opening of the assessment pertains to the Assessment Year 2015-16, which is arbitrary and illegal. - HC en-us Wed, 01 Mar 2023 12:34:48 +0530 Wed, 01 Mar 2023 12:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68536 Reopening of assessment u/s 147 - validity of order u/s 148A(d) - Here is the case, where, by total non application of mind to the fact that in respect of subsequent Assessment Years 2016-17, 2017-18, 2018-19, it has been accepted by the respondent that the petitioner is a Section 10(23C)(iiiab) institution and is entitled for exemption, the impugned Assessment Order has been passed. However, the re-opening of the assessment pertains to the Assessment Year 2015-16, which is arbitrary and illegal. - HC Highlights Income Tax Wed, 01 Mar 2023 12:34:48 +0530 https://www.taxtmi.com/highlights?id=68536