Easy Office

Audit objection- a reason to believe for sec 147?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 September 2014 Does audit objection raise by the revenue audit team constitute a reason to believe for the AO to invoke reassessment under sec 147? You can assume that audit objection is supported by initial audit findings
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
23 September 2014 please refer this. (in favor of assessee)
https://www.bcasonline.org/articles/artin.asp?324
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
23 September 2014 further refer http://www.incometaxindiapr.gov.in/incometaxindiacr/contents/CBDTFiles/Instructions/CBDTLaws/HTMLFiles/app1_101.htm




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links