Reassessment Notice Based on Mere Reason to Suspect Without Definite Escapement Belief Is Invalid and Quashed
Reassessment Notice Based on Mere Reason to Suspect Without Definite Escapement Belief Is Invalid and Quashed Issue Whether a notice issued under Section 148 for reassessment under Section 147 is legally sustainable when the reasons recorded by the Assessing Officer merely indicate a need for verification or lack of supporting details, amounting to a “reason… Read More »