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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Reopening of assessment u/s 147 - The notice issued to the ...

Case Laws     Income Tax

April 4, 2020

Reopening of assessment u/s 147 - The notice issued to the assessee shows sufficient reasons to believe on the part of the assessing officer to reopen the assessment but since the revenue has failed to show non-disclosure of facts the notice having been issued after a period of 4 years is required to be quashed.

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