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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Power of reopening of assessment u/s 147 Explanation 1 r.w ...

Case Laws     Income Tax

March 26, 2014

Power of reopening of assessment u/s 147 Explanation 1 r.w section 143(1) - reasons for the notice u/s 147 nowhere mentioned that the revenue came up with any other fresh material warranting reopening of assessment except the notes to the accounts already disclosed - assessment quashed - HC

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