This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Provision of law overlooked during original assessment – Reassessment Notice beyond four years is not valid
Case Law Details
- Case Name
- Hubtown Ltd. Vs. Dy. CIT (Bombay High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Hubtown Ltd. Vs. Dy. CIT (Bombay High Court)
If a provision of law had been clearly overlooked or ignored in the assessment order, it would not be open to Asessing Officer to reopen the assessment after expiry of four years in case no failure on assessee’s part to disclose fully and truly all material facts was alleged.
Full Text of the High Court Judgment / Order is as follows:-
1. Heard. Rule.
2. The challenge in this petition is to notice date 27-3-2015 issued by the assessing officer under section 148 of the Income Tax Act, 1961 (“the Act”). The impugned n...
Author Info
