sec. 147 & 148 of the IT Act.
This query is : Open
20 July 2011
Case: A survey action was undertaken at the office of a Chartered Accountant and all the client's files were seized. Based on these cases of all such clients were reopened. Is this a valid reason for reopening? I need case law(s) on this issue..
Thanx...
Thanx...
20 July 2011
on primary looks there must have been some interconnection with all files, or common loans,
if any such clue is found by department then they are right to open these files.
if any such clue is found by department then they are right to open these files.
21 July 2011
interconnection is not relevant.....147/148 can be invoked only when there is any additional material/info on records.....the files of these clients, whose cases were reopened, contained all IT data, ROI and computation...already filled with the dept....
anyways, my question is, 'can my case be reopened, i.e.147/148 can be invoked, based on the data found during the course of survey at the place of 3rd party......? if yes, which sec/ case law gives such permission...??
anyways, my question is, 'can my case be reopened, i.e.147/148 can be invoked, based on the data found during the course of survey at the place of 3rd party......? if yes, which sec/ case law gives such permission...??
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- TDR receipts for agreement holder
- Inventory of finished goods
- Confusion around Form 26QB fields
- Company Incorporation - CA and directors signing from different states
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Vivad se vishwas scheme 2024 new
- RCM on Advocate services by unregistered perosn
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
