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2019 (8) TMI 1067 - HC - Income TaxReopening of assessment u/s 147 - HELD THAT:- In the present case, the Court is satisfied that there was no omission or failure on the part of the Petitioner to disclose all material facts relevant to the original assessment proceedings under Section 143(3) of the Act. Accordingly, in terms of the proviso to Section 147 of the Act, the assumption of the jurisdiction by the AO for reopening the assessment was bad in law. Consequently, the impugned notice dated 31st March 2017 and the consequential order rejecting the objections of the Petitioner are hereby set aside. - Decided in favour of assessee.
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