Non specification on primary facts to be disclosed: ITAT invalidates Re opening of Re-assessment u/s 147 [Read Order]

primary facts - ITAT - Re-assessment - taxscan

The Income Tax Appellate Tribunal ( ITAT ), New Delhi invalidated re opening of re assessment under Section 147 of the Income Tax Act, 1961 as there was Non specification on primary facts to be disclosed in the Show cause notice. The assessee company, VE Commercial Vehicles Ltd is engaged in the business of manufacturing…

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