Page 15 - DTPA Journal Aug 18
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DTPA - J | 2017-18 | Volume 3 | August 2018
Overview of Income escaping assessment
under the Income-tax Act, 1961
CA Manoj Tiwari
Income Escaping Assessment is the assessment which escaped assessment for any assessment year. It gives
is done by the Assessing Officer if there is a reason for power to him to re-assess or re-compute income,
him to believe that income chargeable to tax has turnover etc. which has escaped assessment.
1. Main Provisions involved: Section 147 to Section 153
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