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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Reassessment - The re-appreciation of seized material in ...


Reevaluation of Seized Materials by AO Deemed Unjustified When CIT(A) Found Them Insignificant in Original Appeal Proceedings.

March 7, 2014

Case Laws     Income Tax     AT

Reassessment - The re-appreciation of seized material in subsequent proceedings by the AO is wholly unjustified particularly when such a seized material was not considered worthy by the CIT(A) in the original appellate proceedings - AT

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