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Income Tax - Highlights / Catch Notes

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Reopening of assessment - Applicability of section 145A - ...


Assessment Reopening u/s 145A Not Allowed for Assessing Officer Based on Opinion Change Alone.

October 20, 2018

Case Laws     Income Tax     HC

Reopening of assessment - Applicability of section 145A - valuation of closing stock - Not open for AO to reexamine the entire issue which would be merely on the change of opinion.

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