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Assessee should file a return and then seek reasons for reopening: Madras HC
Case Law Details
- Case Name
- Swapna Manuel Vs ACIT (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All High Courts, Madras High Court
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Swapna Manuel Vs ACIT (Madras High Court)
The Madras High Court has dismissed two writ petitions filed by Swapna Manuel, who runs a ladies hostel under the name M/s. Olive Castles and is also involved in real estate, challenging an assessment order and a subsequent penalty order for the assessment year 2016-17. The case, Swapna Manuel Vs. Assistant Commissioner of Income Tax (ACIT), involved a reassessment initiated after a survey revealed discrepancies in her declared income of ₹97,08,580.
The initial assessment order was quashed by the High Court in an earlier writ petition due to a lack o...
