This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Concept of “change of opinion” stands obliterated WEF 01.04.1989?
Case Law Details
- Case Name
- CIT Vs Kelvinator of India Limited (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
CIT Vs Kelvinator of India Limited (Supreme Court of India)
Explore the Supreme Court’s ruling on change of opinion in tax assessments & Section 147 amendments post Direct Tax Laws (Amendment) Act, 1987
Under the Direct Tax Laws (Amendment) Act, 1987, Parliament not only deleted the words ‘reason to believe’ but also inserted the word ‘opinion’ in Section 147 of the Act. However, on receipt of representations from the Companies against omission of the words ‘reason to believe’, Parliament re-introduced the said expression and delet...
Author Info
