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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Reopening of assessment - sufficiency of material available with ...


High Court Supports Reopening Tax Assessment Over Alleged Bogus Purchases; Seller's Silence Key Factor.

September 19, 2017

Case Laws     Income Tax     HC

Reopening of assessment - sufficiency of material available with the AO to form a belief that income chargeable to tax had escaped assessment - bogus purchases - seller refused to respond - notice would not be interfered with - HC

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