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Income Tax - Highlights / Catch Notes

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Reopening of assessment - Assumption of jurisdiction by the A.O ...


Reassessment Quashed: Change of Opinion by Assessing Officer Not a Valid Ground for Reopening Assessments.

August 28, 2023

Case Laws     Income Tax     AT

Reopening of assessment - Assumption of jurisdiction by the A.O for disturbing a concluded assessment of an assessee based on a “change of opinion” is not permitted under law - Re-Assessment order quashed - AT

 

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