Initiating Reassessment Proceedings after 10 Years post Search become validon Taking Previous Sanction from Competent Authority: Jharkhand HC [Read Order]

The Jharkhand HC upholds the Validity of Initiating Reassessment Proceedings after 10 Years post Search on Taking Previous Sanction of Competent Authority
By Yogitha S. Yogesh - On December 27, 2023 2:07 pm - 2 mins read
Reassessment proceedings - Jharkhand High Court - Competent Authority sanction - Search - Income Tax - Competent Authority - taxscan

The Jharkhand High Court held that initiating reassessment proceedings after 10 years post-search is valid on Taking Previous Sanction from a Competent Authority. The two-judge bench viewed that there is no illegality to the initiation of reassessment proceeding by issuing notice under Section 148 of the Income Tax Act, 1961 Mr. Naresh Kumar Kejriwal, the…

Your free access to Taxscan has Expired

To read the article, get a premium account.

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 a member? Log in here

Topics

taxscan-loader