Wednesday, August 19, 2020

ITAT Quashes Re-assessment Notice against Johnson & Johnson [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the second notice issued under Section 148 during the subsistence of earlier reassessment proceedings, the subsequent reopening is invalid. The assessee, Johnson & Johnson Private Limited in appeal has assailed reopening of the assessment, as well as additions or disallowances on merits. The Counsel appearing […]

from Taxscan | Simplifying Tax Laws https://ift.tt/31eq8hH

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