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Income Tax - Highlights / Catch Notes

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Validity of reopening of assessment u/s 147 - notice sent to ...

Income Tax

January 13, 2023

Validity of reopening of assessment u/s 147 - notice sent to entity, which no longer exists and it is merged (amalgamation) - In view of all notice itself is not sustainable under the law. Petition stands allowed quashing and setting aside the notice issued under section 148 with all consequential reliefs. - HC

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