CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 31, 2016
CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 31, 2016 DIRECT TAX Income Tax: Reopening of assessment – receipt of accomadation enteries – without forming a prima facie opinion on the basis of such material that income has escaped assessment the AO can not assume valid jurisdiction to initiate proceedings and to issue notice u/s 147/148 – Notice …