Books of account - Reopening of an assessment

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....ooks of account - Reopening of an assessment<br> Query (Issue) Started By: - Dharmender Batra Dated:- 14-5-2010 Last Reply Date:- 21-5-2010 Income Tax<br>Got 1 Reply<br>Income Tax<br>Is there any rule....

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..../case law that unless there is flaw in books of accounts, the case cannot be reopened or reassessed. If it is there please give its reference. Reply By Surender Gupta: The Reply: You may read section ....

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....145(3) with section 144. As per section 145(3), (3) Where the Assessing Officer is not satisfied about the correctness or completeness of the accounts of the assessee, or where the method of accountin....

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....g provided in sub-section (1) or accounting standards as notified under sub-section (2), have not been regularly followed by the assessee, the Assessing Officer may make an assessment in the manner pr....

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....ovided in section 144.<br> Discussion Forum - Knowledge Sharing ....