Merely because tax has been deducted at source on unreported income, it cannot be said that there was no escapement of income

Advocate Akhilesh Kumar Sah When it is open for the AO to reassess the income on any issue which newly comes to his notice subsequent to the issuance of notice under section 148 of the Income Tax Act, it cannot be said that mere wrong mentioning of the provision of law relating to the other issues in the reasons recorded would vitiate the proceedings. Recently in, Samsung Electronics Co. Ltd. vs. DCIT (International Taxation) and vice-versa [ITA Nos.- 65 to 70/Del/2013, ITA No.- 315/Del/2016, ITA Nos.- 4705 & 4706/Del/2017 and ITA No.- 982/Del/2016, decided on 22.03.2018, facts amongst ot...