Income Escaping Assessments | Section 147 & 148 | Income Tax Act 1961 Explained Part-3

In this video, we explain Income Escaping Assessments under Section 147 & 148 of the Income Tax Act, 1961. Learn when income is considered to have escaped assessment, how notices are issued by the Income Tax Department, and the procedure followed under Section 147/148.

This topic is important for CA, CMA, CS students, as well as taxpayers who want to understand their rights and obligations regarding reassessment

Watch till the end for a clear breakdown of provisions, practical examples, and latest updates related to Income Escaping Assessments.

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