Late Filing of Returns during Re-Assessment Only to Frustrate Time Limit: Bombay HC Upholds Proceedings [Read Order]

Late Filing of Returns - Re-Assessment -Frustrate Time Limit - Bombay HC - taxscanProceedings

The High Court of Bombay at Goa has recently upheld the re-assessment proceedings by the income tax department finding that the late filing of income tax returns by the assessee was with an intention to frustrate the time limit to conclude the assessment under section 147/148 of the Income Tax Act, 1961. The Petitioner, Hede…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader