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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Assessments under the Income-tax Law This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Assessments under the Income-tax Law

What is assessment under section 147?

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Ans. This is an income escaping assessment. This assessment is carried out if the Assessing Officer observes that any income has escaped assessment.

 

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