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2018 (7) TMI 492 - SCH - Income TaxReopening of assessment - AO reopen the concluded scrutiny assessment based upon a satisfaction that income has escaped assessment - addition on basis of audit report - Held that:- Even if we accept the argument of the petitioner/Revenue that audit objections on the point of income can be valid to reopen the assessment, in the facts of the present case we do not find it to be a fit case for interference. The Special Leave Petition is dismissed.
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