Section 149 of Income Tax Act 1961 as Modified by Finance Act 2021 By Anand Gupta TaxGuru

Section 149 of Income Tax Act 1961 as Modified by Finance Act 2021 Section 149 is modified by Finance Act 2021 and now any case can be reopened within three  years from the end of relevant assessment year as per clause (a) of Section 149(1)  if Assessing Officer has information which suggests that income chargeable to tax has escaped assessment as prescribed in Explanation 1 to Section 148 […]

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