5 results for “reassessment u/s 147”+ Section 55Aclear
Sorted by relevance
147 of the Act which was reopened based on the change on opinion without bringing any fresh tangible material on record and thereby further erred in overlooking the fact that the issue of taxation of share premium was duly examined during the course of original assessment proceedings and thus, the said reassessment order deserves to be quashed and set aside