Audit objection cannot be considered as tangible material for ...
Audit Objection Insufficient for Reopening Assessment: AO Needs Independent Satisfaction u/ss 147/148, Assessment Under 143(3.
June 4, 2016
Case Laws Income Tax AT
Audit objection cannot be considered as tangible material for the AO to reopen u/s 147/148 of the Act concluded assessment u/s 143(3) of the Act, unless the AO records his own satisfaction that income has escaped assessment - AT
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