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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Validity of reopening of assessment - when reference to DVO ...


Invalid DVO Reference Voids Assessment Reopening; Reports Cannot Justify Belief of Escaped Income or Wealth.

December 1, 2014

Case Laws     Income Tax     AT

Validity of reopening of assessment - when reference to DVO itself is invalid, the report received as a result of the reference cannot constitute material for forming the belief that an income or wealth tax escaped assessment - AT

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