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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - Disposal of objections against ...

Income Tax

August 4, 2021

Reopening of assessment u/s 147 - Disposal of objections against reopening orders - The Assessing Officer has given reasons for rejection of the objections. Such reasons may not be acceptable to the assessee. However, it is for him to provide further details or information to the AO while proceeding with the reassessment proceedings. - HC

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