37 results for “reassessment”+ Section 148clear
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Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary
section 148 of the Act for different assessment years that the assessees filed their returns of income and, thus, evidently there was escapement of income. It was further submitted that the AO has already given benefit of the aggregate deposits appearing in the bank accounts and he has only brought to tax the excess of receipts over the expenditure, which