Reassessment notice under Section 148 is invalid after Settlement Commission order under Section 245D(4) attains finality.
Reassessment notice under Section 148 is invalid after Settlement Commission order under Section 245D(4) attains finality. Issue Whether the Assessing Officer has jurisdiction to issue a reassessment notice under Section 148 to reopen an assessment after the Income Tax Settlement Commission (ITSC) has passed a final order under Section 245D(4) concluding the assessment for that… Read More »