Income Tax - Case Law - M/s. Velvet Holdings Pvt. Ltd. Versus Dy. CIT, Central Circle-31 Mumbai 2013 (8) TMI 743 - ITAT MUMBAI

Re-opening of assessment u/s 147 of the Income Tax Act Late filing of return Held that - There is no denial of the fact that assessee has taxable income and even admitted the same under provision of section 115JB. The re.......... Income Tax - Case Law