I-T dept starts issuing reassessment notices for time-barred FYs

“The IT department has started issuing notices seeking to reassess income tax liability of taxpayers for these financial years, scrutinizing the income tax returns filed by taxpayers for these years,” said Shailesh Kumar, partner at Nangia & Co LLP.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/i-t-dept-starts-issuing-reassessment-notices-for-time-barred-fys/articleshow/81966302.cms