Reopening of assessment proceedings are valid where AO was of ...

Assessing Officer Can Reopen Tax Assessment if Property Income is Artificially Offset Against Firm's Loss.

May 20, 2016

Case Laws Income Tax HC

Reopening of assessment proceedings are valid where AO was of the view that the Assessee had 'artificially and with an ulterior motive' reduced the income from the property by setting off loss accruing to the firm. - HC

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Reopening of assessment proceedings are valid where AO was of ...

Assessing Officer Can Reopen Tax Assessment if Property Income is Artificially Offset Against Firm's Loss.

May 20, 2016

Case Laws Income Tax HC

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