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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Reassessment u/s 147 - Full and true disclosure – it matters ...


Section 147 Reassessment: Taxpayer Must Fully Disclose Info; AO's Specific Queries Irrelevant If Other Queries Raised.

June 9, 2014

Case Laws     Income Tax     AT

Reassessment u/s 147 - Full and true disclosure – it matters little that the AO did not ask any question or query with respect to one entry or note but had raised queries and questions on other aspects - AT

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