Section 147 of Income Tax Act
Mere Change Of Opinion Cannot Be A Ground For Reopening Of Assessment Under Income Tax Act: SC
The Supreme Court held that a mere change of opinion cannot be a ground for reopening of assessment. It answered whether the reopening of a concluded...
Income Tax Dept Cannot Initiate Reassessment Proceedings When Proceedings U/s. 154 Of IT Act Are...
The Supreme Court has observed that the income tax department cannot initiate proceedings under Sections 147/148 of the Income Tax Act when the...
