Bombay High Court Dismisses Revenue's Appeal in Income Tax Reassessment Case Due to Change of Opinion. Queries During Original Assessment and Assessee's Response Amount to Formation of Opinion Barring Reopening Under Sections 143 and 147 of Income Tax Act, 1961, Lacking Tangible Material.
26 Oct 2021By way of background, the appeal before the Bombay High Court arose under Section 268A of the Income Tax Act, 1961 against an order of the Income Tax ...
