Devi Electronics Pvt. Ltd. v. ITO, 2017-TIOL-92-HC-MUM-IT
33 Taxmann.com 454High Court2013#8987 most cited
What is Devi Electronics Pvt. Ltd. v. ITO, 2017-TIOL-92-HC-MUM-IT authority for?
An Assessing Officer may initiate reassessment proceedings even after four years from the end of the relevant assessment year if there was a failure on the part of the assessee to make a true and complete disclosure regarding share transactions.
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judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2019 to 2020.
Also referred to as
Devi Electronics Pvt. Ltd. v. ITO · reassessment proceedings · section 147 · failure to disclose · share transactions · escaped income · Bombay High Court · Pranawa Leafin (P.) Ltd. v. DCIT