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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

So long as income chargeable to tax has escaped assessment and ...

Case Laws     Income Tax

December 7, 2011

So long as income chargeable to tax has escaped assessment and the Assessing Officer has reason to believe so, whether suo motu found by him from records or whether brought to his notice by the audit party or any other agency, the Assessing Officer will be justified in revising the assessment within the period of limitation provided therein.... - HC

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