Home › Income-Tax Act › CIT v. National Organic Chemical (2020) 115 taxmann.com 244 (Bom.)(HC) Editorial : SLP of revenue is dismissed due to low tax effect, CIT v. National Organic Chemical CIT v. National Organic Chemical (2020) 272 Taxman 530 (SC)

CIT v. National Organic Chemical (2020) 115 taxmann.com 244 (Bom.)(HC) Editorial : SLP of revenue is dismissed due to low tax effect, CIT v. National Organic Chemical CIT v. National Organic Chemical (2020) 272 Taxman 530 (SC)

S. 148 : Reassessment-Recorded reasons not furnished-Reassessment is bad in law. [S.147]

High Court dismissed the appeal of the revenue wherein the Tribunal set aside  the order of the Assessing Officer on the ground that recorded reason was not furnished to the assessee. Followed. CIT v.  Videsh Sanchar Nigam Ltd. (2012) 340 ITR 66 (Bom.)(HC)