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Income Tax - Highlights / Catch Notes

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Reopening of assessment - details have already disclosed before ...

Income Tax

September 17, 2016

Reopening of assessment - details have already disclosed before the AO and while framing the assesment, the Assessing Officer has considered the same. It is only because of pressure of work he could not incorporate the details in an order u/s 143(3) - when the records speak like this it would not be permissible for AO to reopen the assessment - HC

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