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

CA Pawan Maloo , Last updated: 03 July 2015
Share

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant Section 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 has escaped assessment. Sec. 147 and Section 1

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)

Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

Published by

CA Pawan Maloo
(Practicing Chartered Accountant)
Category Income Tax Report

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

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

Stay updated! Stay ads free

Original Price : INR 2999/-

Offer Price : INR 1999/-

Related Articles

Popular Articles

Meet our PRO Members

Trending Online Classes

Browse by Category