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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Reopening of assessment u/s 147 - merely because a new incumbent ...

Case Laws     Income Tax

December 3, 2014

Reopening of assessment u/s 147 - merely because a new incumbent AO has a different view, the Revenue cannot take benefit of its own wrong and arbitrarily assume that there is escapement of income, without bringing on record any fresh tangible material - AT

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