High Court Quashes Reopening Notice Under Section 148 in Absence of Failure to Disclose Material Facts. Deduction Under Section 33AC of Income Tax Act, 1961 Allowed on Total Income, Reassessment Invalid.
25 Nov 2021The petitioner, a shipping company, challenged a notice under Section 148 of the Income Tax Act, 1961 seeking to reopen its assessment for Assessment ...
