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Gujarat HC Upholds Reopening of Assessment Based on Alleged Accommodation Entries
Case Law Details
- Case Name
- Priya Blue Industries Private Limited Vs ACIT (Gujarat High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Gujarat High Court
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Priya Blue Industries Private Limited Vs ACIT (Gujarat High Court)
Reassessment Notice Valid Despite Earlier Scrutiny Assessment When Fresh Investigation Material Emerges; Gujarat HC Says Filing TCS Returns Alone Does Not Establish Genuine Transactions in Reopening Case; Assessment Reopening Beyond Four Years Sustained Due to Alleged Failure to Fully Disclose Facts; Gujarat HC Refuses to Quash Section 148 Notice Based on Investigation Wing Information.
The Gujarat High Court heard a writ petition filed by an assessee company engaged in ship-breaking business challenging a noti...
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