INCOME TAX : Where Assessing Officer issued a reopening notice on assessee-company under section 148 on ground that assessee had received certain capital gain on sale of an immovable property but had not disclosed same in his return of income, however, re-assessment order was passed on an altogether new stand that assessee had purchased an immovable property,
from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000321614/hc-quashes-reassessment-order-passed-on-an-altogether-new-stand-as-mentioned-under-‘reason-to-believe’.aspx
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