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Income Tax - Highlights / Catch Notes

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Reopening of assessment - The reasons recorded for reopening the ...


Reassessment Invalidated: No Connection Found Between Recorded Reasons and Assessed Income u/s 147.

June 28, 2013

Case Laws     Income Tax     AT

Reopening of assessment - The reasons recorded for reopening the assessment has no nexus with the income ultimately assessed u/s 147. - assessment is not valid - AT

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