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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - re-assessment even if in case ...

Income Tax

September 5, 2019

Reopening of assessment u/s 147 - re-assessment even if in case where return was not scrutinized before the income chargeable to tax has escaped before acceptance originally cannot restore unless the A.O. has reason to believe that the income chargeable to tax has escaped. - HC

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