Fresh Reassessment Notice to be issued for assessing Additional Income not part of Original Assessment: Bombay HC [Read Judgment]

Fresh Reassessment Notice - assessing additional income - original assessment- Bombay High Court - Taxscan

The Bombay High Court held that a fresh Reassessment Notice to be issued for assessing additional income was not part of the original assessment. The Petitioner,  received a notice dated 16th March, 2019 under Section 148 of the Income Tax Act, 1961 for A.Y. 2012-13. According to respondents they had reasons to believe that petitioner’s…

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