Reassessment - The statute having thus fixed the assessment year ...
Income Tax
December 19, 2012
Reassessment - The statute having thus fixed the assessment year in which the entire past accumulated income falls to be taxed, it is impermissible in law for the assessing officer to entertain a reason to believe that income chargeable to tax for the assessment years 1998-99 to 2000-01 had escaped assessment. - HC
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