18 results for “reassessment u/s 147”+ Section 44clear
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Bench: Shri Chandra Poojari & Smt. Beena Pillai
44,411/- has escaped assessment within the meaning of section 147 of the Income Tax Act 1961, the notice u/s 148 was issued.” 9. The contention of the Ld. A.R. is that the reasons recorded very clearly show that, the only material that the AO has relied on, to make the addition is the audited Balance sheet. Profit & Loss account