The facts of the case are as follows: ​ DRP Rejection The Dispute Resolution Panel (DRP) upheld the action of the Assessing Officer (AO) in reopening the assessment under section 147 of the Income Tax Act. ​ The DRP approved the draft assessment order of the AO, which added additional income on account of capital … Continue reading NRIs with income below Rs 50 lakhs: Notice U/s 148 after 3 years is invalid.