Wednesday, February 12, 2020

ITAT quashes Re-Assessment Proceedings against PwC [Read Order]

In a Relief to Price Waterhouse & Co ( PwC ), the Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has quashed the re-assessment and held that in order to reopen the assessment by the Assessing Officers (AO) there must be a ‘reason to believe’. The assessee PwC had filed the income tax return under […]

The post ITAT quashes Re-Assessment Proceedings against PwC [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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