Reassessment valid as AO formed prima facie opinion for escapement of income By Anand Gupta TaxGuru

Reassessment valid as AO formed prima facie opinion for escapement of income Electrotherm (India) Ltd. Vs DCIT (ITAT Ahmedabad) Conclusion:  Since AO after applying his mind on information received from VAT Department arrived at the conclusion, based on the reasons to believe that income of assessee had escaped assessment. and at the time of issuing notice under section 148 AO had formed prima facie opinion for escapement […]

from TaxGuru
via For More By Anand Gupta

Post a Comment

If You have any doubts,please let me know.

Previous Post Next Post