SC ruling on Income Tax searches to give big relief to taxpayers

Last updated: 27 April 2023 Follow on Google News

The Supreme Court has held that the income tax (I-T) department cannot reopen completed assessments under the Section 153A of the I-T Act, unless incriminating material is unearthed during search and seizure operations. Any other material emanating from the search cant be relied on for issuing re-as

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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