AO rightly proceeded with reassessment proceedings if assessee didn’t file objections against reasons recorded: HC

INCOME TAX : Where Assessing Officer issued notice under section 148 seeking to reopen assessment and passed final assessment order under section 147/143 raising demand, since assessee after receiving recorded reasons did not file objections and complied with several notices issued under section 142(1), Assessing Officer had rightly proceeded with reassessment proceedingsINCOME TAX : Where Assessing Officer issued notice under section 148 seeking to reopen assessment and passed final assessment order under section 147/143 raising demand, since assessee after receiving recorded reasons did not file objections and complied with several notices issued under section 142(1), Assessing Officer had rightly proceeded with reassessment proceedingswww.taxmann.com Latest Case LawsRead More

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