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AO can Reopen Assessment if he has 'reason to believe' any Income chargeable to Tax has escaped: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the Assessing Officer can reopen assessment if he reason to believe any income...
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![ITAT directs Assessing Officer to delete addition on account of Depreciation on Membership Card [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-Assessing-Officer-Depreciation-on-Membership-Card-Membership-Card-Taxscan-1.jpg "ITAT directs Assessing Officer to delete addition on account of Depreciation on Membership Card [Read Order]")
