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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Notice for reassessment u/s 148 - Bar of limitation u/s 149 - ...


Court Rules Reassessment Notice Invalid as Limitation Period Expired; Section 150(1) Cannot Extend Timeframe.

July 25, 2013

Case Laws     Income Tax     HC

Notice for reassessment u/s 148 - Bar of limitation u/s 149 - the period of limitation for making assessment/reassessment had already expired long back - department cannot take shelter behind the provision of Section 150 (1) - HC

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