About this document

Income Reassessment Under Section 147 by Diksha Dubey is a document available to read on EtoBox.

This document summarizes the key aspects of reassessment of income under Section 147 of the Income Tax Act: 1. Reassessment allows reopening of a completed tax assessment if certain conditions are met, such as discovery of income that escaped the original assessment. 2. The objective is to bring income that was not previously assessed under the tax net. 3. The scope of reassessment applies if no return was filed, income was understated or excessive reliefs claimed in the return, failure to report inter

Author

Diksha Dubey

Language

EN