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Income Tax - Highlights / Catch Notes

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Reopening of assessment - existence of PE in India to which its ...


High Court Rules Insufficient Grounds for Reopening Assessment on Permanent Establishment in India; ALF's Disclosure Deemed Adequate.

June 8, 2016

Case Laws     Income Tax     HC

Reopening of assessment - existence of PE in India to which its profits are attributable - The reasons for reopening merely repeat the words of the statute that there has been a failure by ALF to disclose material particulars. This is certainly not sufficient as far as the legal requirement is concerned. - HC

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