SC Limits Tax Authorities' Power to Reopen Completed Assessments Without Incriminating Material

Rashmi , Last updated: 27 April 2023  
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The Supreme Court has ruled that the income tax (I-T) department cannot reopen completed assessments under Section 153A of the I-T Act, unless incriminating material is found during search and seizure operations. This means that the tax authorities cannot issue reassessment orders for completed asse

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Rashmi
(business)
Category Income Tax   Report

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