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Reopening is invalid when there is no direct nexus between material gathered & formation of belief of income escaping assessment
Case Law Details
- Case Name
- C.M Mahadeva Vs CIT (Karantaka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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CA Saurabh Chokhra
Reopening is invalid when there is no direct nexus between material gathered & formation of belief of income escaping assessment
Brief of the case:
The Hon’ble Karnataka HC in the above cited case held that there must be a direct nexus between the material coming to the notice of the Income-Tax Officer and the formation of his belief that income has escaped assessment.Therefore, when a material gathered by the AO is such that conclusion regarding escapement can be made only after further investigation then reopening basis such material is not permissible b...
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