ITAT quashed the entire re-assessment proceedings holding it to be barred by limitation as the escaped income was less than 50 Lakhs and the reassessment was initiated after the expiry of 3 years. Recently, ITAT quashed the entire re-assessment proceedings holding it to be barred by limitation as the escaped income was less…
The post ITAT quashed the entire re-assessment proceedings holding it to be barred by limitation as the escaped income was less than 50 Lakhs and the reassessment was initiated after the expiry of 3 years. appeared first on The Tax Talk.
