https://www.taxtmi.com/highlights?id=73387 Validity of Reopening of assessment u/s 147 - applicability of period of limitation of 10 years - Relevant date for conducting search or survey - The search is conducted and against the 3rd person whose documents have been seized which goes to show that the information and the documents forms an asset and beyond 50 Lakh. Further the records suggest that investigating team has also alleged about the entries in the Books of Account. - Contentions of assessee rejected - HC en-us Mon, 04 Dec 2023 11:07:13 +0530 Mon, 04 Dec 2023 22:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73387 Validity of Reopening of assessment u/s 147 - applicability of period of limitation of 10 years - Relevant date for conducting search or survey - The search is conducted and against the 3rd person whose documents have been seized which goes to show that the information and the documents forms an asset and beyond 50 Lakh. Further the records suggest that investigating team has also alleged about the entries in the Books of Account. - Contentions of assessee rejected - HC Highlights Income Tax Mon, 04 Dec 2023 11:07:13 +0530 https://www.taxtmi.com/highlights?id=73387