THE COMMISSIONER OF INCOME TAX-IV vs. M/S QUALITY CARE INDIA LTD
ITTA/261/2015HC Telangana13 Jul 2016
Bench: A.SHANKAR NARAYANA,V RAMASUBRAMANIAN
For Appellant: Mr. J.V. PrasadFor Respondent: The Senior Standing Counsel
Section 132Section 143(1)Section 143(3)Section 147Section 148Section 153ASection 260A
153A. After completion of the assessment, the
Assessing Officer reopened the assessment under
Section 147 by issuing a notice under Section 148, on
31.03.2011.
5. The reason for reopening of the assessment was
that while initiating proceedings under Section 147, an
amount of Rs.4,73,75,000/- was identified to the assets
acquired, which had been capatilized. Therefore, after
