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If there was no failure on part of assessee to disclose material facts reassessment after 4 years is not valid: HC
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Corporate Tax
If there was no failure on part of assessee to disclose material facts reassessment after 4 years is not valid: HC
Posted on
on
June 14, 2019
Tenet Tax Daily June 14 2019
By
tenettax-team
Corporate Tax
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Penalty u/s 271AAB not to be imposed in case income surrendered during search didn’t result in undisclosed income
Deduction of unrecovered advances written off disallowed as assessee couldn’t substantiate his claim
