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

Rashmi , Last updated: 27 April 2023  
  Share

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

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

GST Plus

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)

CCI Pro

Published by

Rashmi
(business)
Category Income Tax   Report

Other Articles  
Comment   Share
  2526 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category