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Income Tax - Highlights / Catch Notes

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Reassessment u/s 147 - Notice beyond 4 years – the deeming ...


High Court Rules Deeming Provision in Explanation 3 to Section 153 Inapplicable for Reassessment Notices Beyond Four Years.

July 13, 2013

Case Laws     Income Tax     HC

Reassessment u/s 147 - Notice beyond 4 years – the deeming provision provided in Explanation 3 to Section 153 does not get attracted because an opportunity of hearing had not been given to the assesse - HC

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