Taxation Lawyer
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To apply limitation of 16 years for reopening assessment, then in the notice or at least in the reasons in support of the notice, the assessee should be put to notice that the revenue invokes second proviso of Sec 147; SC.
- 14:25Supreme Court of India Justice Deepak Gupta & Justice L. Nageswara Rao The SC on April 3, 2020 {NEW DELHI TELEVISION LTD. v. DEPUTY COMMISSIONE...