https://www.taxtmi.com/highlights?id=70882 Reopening of assessment u/s 147 - reassessment proceeding was triggered based on a Tax Evasion Petition (TEP) - Bald assertions in the TEP that the petitioner had claimed bogus expenses towards salary and other heads, in our view, was not sufficient for commencement of the reassessment proceeding under Section 147 read with Section 148 of the Act. - HC en-us Thu, 13 Jul 2023 13:19:56 +0530 Thu, 13 Jul 2023 13:19:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70882 Reopening of assessment u/s 147 - reassessment proceeding was triggered based on a Tax Evasion Petition (TEP) - Bald assertions in the TEP that the petitioner had claimed bogus expenses towards salary and other heads, in our view, was not sufficient for commencement of the reassessment proceeding under Section 147 read with Section 148 of the Act. - HC Highlights Income Tax Thu, 13 Jul 2023 13:19:56 +0530 https://www.taxtmi.com/highlights?id=70882