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Income Tax - Highlights / Catch Notes

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Reopening of assessment - reasons to believe - Interestingly, in ...

Income Tax

November 1, 2023

Reopening of assessment - reasons to believe - Interestingly, in the ‘reason to believe’, there is no reference to the original assessment order dated 14.01.2015. Had the AO looked at the assessment order and the record concerning the petitioner’s/assessee’s case, the explanation given by the petitioner/assessee would have come to light. - HC

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