[aaykarbhavan] HC quashed reassessment notice as revenue failed to prove any non-disclosure on the part of assessee

HC quashed reassessment notice as revenue failed to prove any non-disclosure on the part of assessee

October 6, 2014[2014] 49 taxmann.com 108 (Gujarat)/[2013] 359 ITR 447 (Gujarat)

IT : Where Assessing Officer failed to record its satisfaction that income had escaped assessment by reason of failure on part of assessee to disclose fully and truly all material facts necessary for its assessment, assumption of jurisdiction under section 147 was invalid

 

Regards

Prarthana Jalan

__._,_.___

---

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

---

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Visit Your Group

• New Members 2

• Privacy • Unsubscribe • Terms of Use