Wednesday, April 30, 2014

Re: [aaykarbhavan] Asst. reopened u/s 147 IT Act:



Re-asssessment can be done. Sir, once when re-assessment is open than she will be free to not only make the addition on issue involved but also for other issues. Penalty can also be levied by her
 
Regards
Prarthana Jalan
On Wednesday, 30 April 2014 2:50 PM, CA. PRAMOD PARMAR <prpca2004@gmail.com> wrote:
 

Dear Members,

In case of one of client ITO reopened A Y 2009-10 u/s 147

On enquiry the reason for reopening she send a letter which is attached in this mail.

My query is

Is there any limit(amount) for reopening a case.

She has reopen the case only for Rs. 7,771/- (Bogus purchase)

Even if she makes addition of above amt what will the IT Dept gain.

only Rs. 7,771/-

Does I T Dept have free staff or free workers to reopen asst. only for
RS 7,771/-

My fees for attending will be more than the addition amt.



Regards,
CA. Pramod Parmar
PARMAR & CO.
Chartered Accountants
Mumbai   *  Jaipur


www.parmarca.com





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