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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - Bogus accommodation entries - ...

Income Tax

January 20, 2020

Reopening of assessment u/s 147 - Bogus accommodation entries - The allegation of attributing illegal conspiracy/activities etc. is hurled without any basis and therefore, on merits as well as on the legal issue the assessee succeeds - assessee succeeds in respect of the legal issues - reassessment order quashed

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