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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - Reliance on audit objections - ...

Income Tax

May 12, 2020

Reopening of assessment u/s 147 - Reliance on audit objections - deemed dividend addition u/s 2(22)(e) - This Court, on an independent application of mind and on thorough consideration of material aspects and legal position, is of the considered view that there is no error or infirmity in the reasons assigned by the ITAT in dismissing the appeal filed by the Revenue

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