https://www.taxtmi.com/highlights?id=71492 Reopening of assessment u/s 147 - Bad Debts - Petitioner clearly showed that the Petitioner had in response to specific queries raised during the assessment proceedings, disclosed to the Respondents all the material facts in respect of Bad Debts Written Off. Therefore, the reason given by for reopening the reassessment in respect of Bad Debts Writing Off cannot be a reason to reopen the Assessment u/s 148 of the Act. - HC en-us Wed, 16 Aug 2023 17:48:49 +0530 Wed, 16 Aug 2023 17:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71492 Reopening of assessment u/s 147 - Bad Debts - Petitioner clearly showed that the Petitioner had in response to specific queries raised during the assessment proceedings, disclosed to the Respondents all the material facts in respect of Bad Debts Written Off. Therefore, the reason given by for reopening the reassessment in respect of Bad Debts Writing Off cannot be a reason to reopen the Assessment u/s 148 of the Act. - HC Highlights Income Tax Wed, 16 Aug 2023 17:48:49 +0530 https://www.taxtmi.com/highlights?id=71492