Reopening of assessment u/s 147 - notice under Section 148 - The ...
Income Tax
March 31, 2015
Reopening of assessment u/s 147 - notice under Section 148 - The words "reason to believe" indicate that the belief must be that of a reasonable person based on reasonable grounds emerging from direct or circumstantial evidence and not on mere suspicion, gossip or rumour. - HC
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