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Income Tax | No Reassessment When 15-Month First-Year Income Already Offered to Tax: Madras HC

29 Sept 2026 · 29 Sept 2026By CA Sandeep KanoiSource: TaxGuru

Madras HC quashes reassessment as entire 15-month income was disclosed in AY 2021-22 in accordance with Section 2(41) of Companies Act. The post No Reassessment When 15-Month First-Year Income Already Offered to Tax: Madras HC appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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