Rationalized Reassessment Proceedings U/s 148

Hon’ble Finance Minister announced a new scheme of Reassessment claiming to reduce compliance burden and to bring certainty in tax proceedings. True to the intent, it appears to be targeted towards reduction in litigations. But what is apparent may not be real and it could have been contended towards taxpayer appeasement only. Let’s dig deeper.Hon’ble Finance Minister announced a new scheme of Reassessment claiming to reduce compliance burden and to bring certainty in tax proceedings. True to the intent, it appears to be targeted towards reduction in litigations. But what is apparent may not be real and it could have been contended towards taxpayer appeasement only. Let’s dig deeper.taxmann.com Latest ArticlesRead More

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