6 results for “reassessment u/s 147”+ Section 45(2)clear
Sorted by relevance
45,00,000/- has escaped assessment relevant to A.Y.2010-11. Thus, the same is to be brought to tax under section 147/148 of the I.T. Act 1961. Moreover, as the case pertains to a period beyond four years from the end of relevant assessment year, for issuing the notice u/s 148, necessary approval/sanction may kindly be accorded by the Pr. Commissioner