Asstt. CIT v. Rajesh Jhaveri Stock Brokers (P.) Ltd.
161 Taxmann 316Supreme Court of India2007#578 most cited
What is Asstt. CIT v. Rajesh Jhaveri Stock Brokers (P.) Ltd. authority for?
Reassessment proceedings under Section 147 can be initiated even if only an intimation under Section 143(1) was issued, as such an intimation does not constitute a full assessment. In such cases, the Assessing Officer merely needs to have reason to believe that income has escaped assessment, based on tangible material.
167
judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2015 to 2026.
Also referred to as
Asstt. CIT v. Rajesh Jhaveri Stock Brokers · Section 147 · Section 148 · Section 143(1) intimation · Section 143(3) assessment · income escaping assessment · reassessment validity · tangible material · reason to believe · distinction between intimation and assessment
Sections most often in play
Issues it is cited on
Judgments citing Asstt. CIT v. Rajesh Jhaveri Stock Brokers (P.) Ltd.
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