The court clarified that their ruling addressed only the legality of the notice, without making any pronouncement on the merits of the reassessment itself
In the recent ruling,the High Court of Delhi,affirmed the validity of a notice issued under Section 148 of the Income Tax Act,1961,dismissing the petition filed by the petitioner against the reopening of its assessment for the Assessment Year (AY) 2011-12. R P Foam Home (P) Ltd, the petitioner-assessee, had filed a petition challenging the reopening…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹2299 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now