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Income Tax - Highlights / Catch Notes

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Reopening of assessment - Since, question of ownership and ...


Income Tax Commissioner Can't Reopen Case on Ownership and Depreciation Already Accepted Twice on Appeal.

April 7, 2015

Case Laws     Income Tax     HC

Reopening of assessment - Since, question of ownership and depreciation thereon was accepted twice by the C.I.T (A), therefore, same cannot be allowed to be reopened in the garb of reassessment. - HC

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