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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Reopening of assessment - Addition u/s 68 - independent ...


Court Upholds Reopening of Assessment u/s 68; AO's Independent Judgment Validates Investigation Report Findings.

February 24, 2018

Case Laws     Income Tax     HC

Reopening of assessment - Addition u/s 68 - independent application of mind - The contention that the AO had merely and mechanically acted on the report of the investigation wing also cannot be accepted. - HC

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