Articles by CA Pawan Maloo

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Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant.

  CA Pawan Maloo    03 July 2015 at 10:35

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriantSection 147 and 148 of Income Tax Act is a well designed weapon for the Income Tax Department empowering it to assess, re-assess or re-compute income, turnover etc. which



Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant

  CA Pawan Maloo    02 July 2015 at 11:18

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriantSection 147 and 148 of Income Tax Act is a well designed weapon for the Income Tax Department empowering it to assess, re-assess or re-compute income, turnover etc. which



Procedure of re-assessment u/s 147

  CA Pawan Maloo    25 June 2015 at 10:45

Assessment is a procedure adopted to determine the correctness of the income disclosed by the assessee and tax payable thereon. Than what is reassessment and why there is need of reassessment? Section 147 and 148 of