Bench: Shri S.S. Viswanethra Ravi
153 of the Act reopened the assessment concluded under intimation u/s. 143(1) of the Act and brought to tax in the hands of the assessee i.e. 50% share from the total income determined under scrutiny assessment proceedings in the case of assessee’s spouse. Thus, the reopening of assessment made u/s. 143(3)/147 of the Act is valid