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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Reopening of assessment u/s 147 - bogus purchases - to what ...


Reopening Assessment u/s 147 Valid Despite Uncertainty in Identifying Exact Escaped Income.

September 28, 2018

Case Laws     Income Tax     HC

Reopening of assessment u/s 147 - bogus purchases - to what exact income had escaped assessment may be open for argument, nevertheless, would not be a ground to quash the notice of reopening.

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