Tag Archives: Income Tax Notice

Income escaping assessment and search assessments I New procedure I Finance Act 2021

By | February 4, 2021

Income escaping assessment and search assessments Under the Act, the provisions related to income escaping assessment provide that if the Assessing Officer has reason to believe that any income chargeable to tax has escaped assessment for any assessment year, he may assess or reassess or recompute the total income for such year under section 147… Read More »