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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Reopening of assessment - mere information conveyed by DIT does ...


Tax Authorities Must Independently Verify DIT Information Before Reassessment; Mere Reliance Is Insufficient for Valid Action.

February 8, 2016

Case Laws     Income Tax     AT

Reopening of assessment - mere information conveyed by DIT does not constitute to be a tangible material to re-assess the assessee company without any independent enquiry or application of mind - AT

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