The Madras High Court has held that the re-assessment can be made under section 147 of the Income Tax Act, 1961 even for the second time on basis of tangible materials brought on record. In the instant case, the reassessment proceedings were initiated against the assessee by issuing the notice. During the course of the […]
The post Re-Assessment for Second Time is Valid on basis of Tangible Materials: Madras HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2Jns64E
No comments:
Post a Comment