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1997 (1) TMI 58 - MADRAS HIGH COURTExtract: .......ion 32 of the Act. The audit note relied upon by the Income-tax Officer is an erroneous one. Therefore, on the basis of the erroneous report, reopening cannot be made, since it would not constitute information under section 147(b) of the Act. Accordingly, we answer the question referred to us in the affirmative and against the Department. No costs.
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