Articles by CA Pawan Maloo

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Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant

Posted by CA Pawan Maloo 02 July 2015 5979 Views

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriantSection 147 and 148 of Income Tax Act is a well designed weapon for the Income Tax Department empowering it to assess, re-assess or re-compute income, turnover etc. which



Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant.

Posted by CA Pawan Maloo 03 July 2015 14665 Views

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriantSection 147 and 148 of Income Tax Act is a well designed weapon for the Income Tax Department empowering it to assess, re-assess or re-compute income, turnover etc. which



Procedure of re-assessment u/s 147

Posted by CA Pawan Maloo 25 June 2015 45188 Views

Assessment is a procedure adopted to determine the correctness of the income disclosed by the assessee and tax payable thereon. Than what is reassessment and why there is need of reassessment? Section 147 and 148 of




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