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Income Tax - Highlights / Catch Notes

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Validity of reopening of the assessment u/s 147 - a perusal of ...

Income Tax

April 17, 2020

Validity of reopening of the assessment u/s 147 - a perusal of the reasons would indicate that there is no coherence between the information available with the AO visŕ-vis transaction of the assessee, and formation of belief that income has escaped the assessment. These reasons are vague and inconclusive - AT

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