Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court
89 Taxmann.com 45High Court2018#2257 most cited
What is Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court authority for?
An Assessing Officer can reopen assessment proceedings based on information received from the Investigation Wing, provided the officer applies an independent mind, records reasons for belief, and establishes a live link between the information and the belief that income has escaped assessment.
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judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2018 to 2026.
Also referred to as
Ankit Aqrochem · section 147 reassessment · section 148 reopening · third party information · Investigation Wing · live link · application of mind · borrowed satisfaction · section 151 sanction · beyond four years
Sections most often in play
Issues it is cited on
Judgments citing Ankit Aqrochem (P.) Ltd. v. JCIT Rajasthan High Court
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