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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Validity of reopening of assessment - AO has rightly initiated ...

Income Tax

August 8, 2015

Validity of reopening of assessment - AO has rightly initiated the reassessment proceedings after recording the reasons for his own belief that in the original assessment proceedings, the assessee had not disclosed the material facts truly and fully and therefore income chargeable to tax had escaped assessment. - HC

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