At the stage of issue of re-assessment notice, what is required ...

Case Laws Income Tax

July 5, 2016

At the stage of issue of re-assessment notice, what is required is “reason to believe” and not the established fact of escapement of income. Reasons recorded on the basis of information received from investigation wing cannot be stated to be irrelevant or mechanically recorded.

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At the stage of issue of re-assessment notice, what is required ...

Case Laws Income Tax

July 5, 2016

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