#Reassessment
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1,177 articlesIncome Tax

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Reassessment not valid if Assessee fully & truly disclosed all material facts
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Reassessment on the basis of information received under treaty is valid
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Reopening on the basis of information of accommodation entries justified
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No change of opinion if AO not examined or applied his mind on a particular issue-HC
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Notice u/s 148 based on vague notice u/s. 154 not maintainable -SC
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Reversal of law by Supreme Court does not justify reopening
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Reopening on the basis of approval from CIT instead of JCIT/Addl. CIT is not valid
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Reopeing of Assessment to verify compliance with provisions amended in future is invalid
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Re-assessment held to be void if AO has not analysed in detail the reasons of reopening
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Assessment cannot be reopened u/s 147 in absence of tangible material
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Validity of reassessment proceedings initiated u/s 147 to successor of business
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No reopening of Cases Prior to 01.04.2012 & Circular to avoid multilevel TDS on software u/s 194J -FM
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No Reassessment u/s 147/148 for Legal Error / Illegality in Original Assessment Order
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