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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Reopening of assessment - there was no negligence on the part of ...


Reopening Tax Assessment Unwarranted: No Negligence Found, Exceeds Four-Year Limit from Relevant Year End.

December 23, 2015

Case Laws     Income Tax     AT

Reopening of assessment - there was no negligence on the part of the assessee in furnishing the required details for completing the assessment. Thus reopening of the assessment beyond four years period from the end of the relevant assessment year is not justified - AT

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