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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Reopening of assessment - reasons to believe - accommodation ...


Assessment Reopening Justified When Accommodation Entries Suspected Despite Document Submissions by Assessee.

March 13, 2019

Case Laws     Income Tax     AT

Reopening of assessment - reasons to believe - accommodation entries - mere submission of documents like income returns, copy of PAN cards, copy of bank statements, confirmation from the share applicants etc by itself would not amount to proper disclosure by the assessee

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