Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

No reassessment on basis of info of DDIT (Investigation) that creditworthiness of lender not explained: HC

June 12, 2018[2018] 94 taxmann.com 29 (Bombay)
256 Views

IT : Reopening of assessment relying only upon information received from DDIT, that assessee had issued debentures to a shell company and creditworthiness of lender and genuineness as well as nature of transaction was not explained, was not justified when Assessing Officer had not independently applied his mind to such information

read more

taxmann.com
Payment
Best view in 1140 x 768