[aaykarbhavan] No reassessment of trust to question purpose of accumulation of income if same was accepted at assessment stage

 

No reassessment of trust to question purpose of accumulation of income if same was accepted at assessment stage

May 11, 2015[2015] 56 taxmann.com 455 (Gujarat)/[2015] 370 ITR 26 (Gujarat)

IT : Where Assessing Officer accepted accumulation of income of assessee-trust in scrutiny assessment, subsequent reassessment notice to disallow said amount would be invalid

Regards

Prarthana Jalan

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

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