Reassessment notice issued beyond three years for escaped income under fifty lakhs is quashed.
Reassessment notice issued beyond three years for escaped income under fifty lakhs is quashed. Reassessment notice issued beyond three years for escaped income under fifty lakhs is quashed. Issue Whether the reassessment notice issued under Section 148 is legally sustainable when the alleged escaped income is less than ₹50 lakhs and the notice is issued… Read More »