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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Reopening of assessment - receipt of accommodation entries - it ...

Income Tax

December 27, 2018

Reopening of assessment - receipt of accommodation entries - it is not at all discernible as to whether the Assessing Officer had applied his mind to the information and independently arrived at a belief that, on the basis of the material which he had before him, income had escaped assessment - reopening proceedings quashed.

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