TMI BlogReassessment Proceedings Upheld u/s 147 Due to Lack of Genuine Business Activity in Provider Entries.Reassessment proceedings u/s.147 - The entry provider entries did not have any genuine business activity - AO has duly applied his mind and verified the information from the audited accounts of the assessee - Reopening of case sustained. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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