Saturday, October 18, 2014

[aaykarbhavan] Reassessment couldn’t be quashed if AO acted on opinion of audit party after satisfying himself




 

Reassessment couldn't be quashed if AO acted on opinion of audit party after satisfying himself

October 18, 2014[2014] 49 taxmann.com 216 (Gujarat)/[2014] 362 ITR 502 (Gujarat)
IT : Where Assessing Officer was convinced that depreciation was wrongly claimed at full rate, reassessment notice could not be quashed merely on ground that she formed opinion on basis of audit objection
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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