Reopening of Assessment as Threshold Income more than Rs. 50 lakhs which has Escaped Assessment: Kerala HC dismisses Writ Petition [Read Order]
The Kerala HC dismissed a writ petition as there was reopening of assessment because the threshold income was more than Rs. 50 lakhs which has escaped assessment
By Kalyani B. Nair - On February 6, 2024 6:33 pm - 2 mins read
The Kerala High Court dismissed a writ petition as there was reopening of assessment because the threshold income was more than Rs. 50 lakhs which has escaped assessment. The present writ petition has been filed impugning the assessment order in respect of the assessment year 2015-16 under Section 147 read with Section 144C(13) of the…
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