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HC slams AO for initiation of reassessment proceedings before expiry of time to issue scrutiny notice
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Corporate Tax
HC slams AO for initiation of reassessment proceedings before expiry of time to issue scrutiny notice
Posted on
on
September 12, 2017
Tenet Tax Daily September 08 2017
By
tenettax-team
Corporate Tax
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Relief once granted u/s 80-IB couldn’t be rejected in subsequent yrs without withdrawing relief granted in earlier yr
No disallowance could be made merely because amount of liability was yet to be ascertained: HC