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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Re-opening of assessment u/s 148 - The words of the statute are ...

Case Laws     Income Tax

July 9, 2014

Re-opening of assessment u/s 148 - The words of the statute are ‘reason to believe' and not ‘reason to suspect' - The reopening of an assessment is a serious matter and must be used properly - AT

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