Reopening of assessment - The words of the statute are "reason ...

Income Tax

November 26, 2016

Reopening of assessment - The words of the statute are "reason to believe" and not "reason to suspect". There can be no manner of doubt that the words" reason to believe" suggest that the belief must be that of an honest and reasonable person based upon reasonable grounds - AT

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Reopening of assessment - The words of the statute are "reason ...

Income Tax

November 26, 2016

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