Reassessment notice issued beyond limitation without unrecorded income revelation and on taxed demerged business income is invalid
Reassessment notice issued beyond limitation without unrecorded income revelation and on taxed demerged business income is invalid Issue Whether information on the Insight portal regarding transactions already disclosed and taxed in the hands of a resulting post-demerger company constitutes valid “information” indicating income escapement under Section 148. Whether passing an order under Section 148A(d) for… Read More »