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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Where income liable to tax has escaped in the original ...


Assessing Officer Can Reopen Tax Assessment for Income Missed Due to Oversight or Mistake.

December 24, 2014

Case Laws     Income Tax     AT

Where income liable to tax has escaped in the original assessment due to oversight and inadvertence or a mistake committed by the AO, then he has jurisdiction to reopen the assessment - AT

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