Description Gain clarity on income tax reassessment with Understanding of Law & Practice of Reassessment, 6th Edition (2025) by Ram Dutt Sharma. A comprehensive 496-page guide for tax professionals and students alike. ISBN: 9789356038165 | Published by Commercial Law Publishers | Flat 25% Discount Free Shipping – Limited Time Offer! Chapter Content Page 1 Introduction 1 2 Income Escaping Assessment [Section 147] 20 3 Issue of Notice Under section 148 where Income has Escaped Assessment [Section 148 : As substituted by the Finance (No. 2) Act, 2024, with effect from 01.09.2024] 41 4 Issue of Notice under section 148 Where Income has Escaped Assessment [Section 148 : As applicable upto 31.08.2024] 51 5 Issue and Service of Notice under section 148 85 6 Notices under section 148 barred by Limitation 99 7 Notice in the Name of Deceased Assessee in Reassessment Proceedings 100 8 Reassessment – Notice Against Non-existent Entity – Validity 119 9 Notice Deemed to be Valid in Certain Circumstances [Section 292BB] 124 10 Issuance of Notice Under Section 143(2) in Reassessment Proceedings 132 11 Procedure before issuance of notice under section 148 [Section 148A : Applicable with effect from 01.09.2024] 138 12 Procedure before issuance of notice under section 148 [Section 148A : Applicable upto 31.08.2024] 142 13 Prior approval for assessment, reassessment, or recomputation in certain Cases [Section 148B] 201 14 Time Limit for Notices under Sections 148 and 148A [Section 149 : Applicable from 01.09.2024] 203 15 Time Limit for Issue of Notice Under Section 148 [Section 149 : Applicable from 31.08.2024] 205 16 Provision for Cases where Assessment is in Pursuance of an Order on Appeal, etc. [Section 150] 243 17 Sanction for Issue of Noticeunder Section 148 [Section 151] 265 18 Faceless Assessment of Income Escaping Assessment [Section 151A] 287 19 Other Provisions [Section 152] 306 20 Time Limit for Completion of Assessment, Reassessment and Re-computation [Section 153] 312 21 Effect of Re-opening the Assessment Based on Wrong Facts or Conclusions 325 22 Reopening of Assessment and Maintainability of Writ Petition. 331 23 Reopening beyond 4 years’ failure to disclose fully and truly material facts necessary for assessment 342 24 Concept of Reason to believe 356 25 Doctrine of Change of Opinion 378 26 Offences and Prosecutions 398 27 Specimen of Reasons recorded for Reopening of Assessment 427 28 Important Board’s Circulars and Instructions 429 29 Cases where Initiating Reassessment Proceedings Justified 447 30 Cases where initiating reassessment proceedings not justified 453 31 Cases where Reassessment Proceedings Justified on the Basis of Informations Received from other Agencies 473 32 Cases where Reassessment Proceedings not Justified on the Basis of Informations Received from other Agencie 476 33 Important case law on Reassessment 482
