Audit objection can’t be ‘purpose’ for reopening evaluation: Madras HC

By Rasheela Bashir , 15 September 2022 at 2:35 pm The Madras Excessive Courtroom, in a major judgment, held that the audit objection can’t be “purpose to imagine” that the evaluation beneath part 147 of the Revenue-tax Act, 1961 has escaped evaluation for the aim of reopening it. Petitioner, M/s. EIH Related Motels Restricted is … Read more