SC Order on Criteria for Invalid Income Tax Return & Issuance of Reassessment Notice

Mangalam Publications Vs CIT (Supreme Court of India) The case of Mangalam Publications Vs CIT, heard by the Supreme Court of India, revolves around the legality of issuing reassessment notices based on evidence deemed unreliable. Additionally, the distinction between a defective and invalid return is explored. This analysis sheds light on the court’s interpretation of these critical aspects in income tax jurisprudence. Sub: Whether reassessment notice can be issued simply on the basis of an evidence which itself was held to be not reliable and what is the difference between a defective ...