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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Initiation of re-assessment proceedings u/s. 147 - information ...

Income Tax

November 10, 2018

Initiation of re-assessment proceedings u/s. 147 - information is not synonymous to truth. Just because a letter has been received from the another CIT, the AO cannot reopen the completed assessment u/s. 143(3) of the Act.

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