Delhi HC – Revenue can reopen the assessment proceedings on change of opinion

Recently Delhi High Court in the case of Areva T&D vs. ADIT ruled that the Revenue can reopen the assessment proceedings on change of opinion that the income of the assessee has escaped assessment. Such re-opening of the assessment by the Income Tax department is legal where no return has been filed by the assessee for the assessment year in dispute, high court said.

Areva T&D Vs. ADIT (Delhi High Court)

HIGH COURT OF DELHI AT NEW DELHI

Judgment Reserved on: 14th February, 2011

Judgment Pronounced on: 25th April, 2011

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