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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Reopening of an assessment beyond 4 years - issue of bogus ...


Reassessment of Tax Case Beyond Four Years Upheld, But Additions by Assessing Officer Deleted on Merit.

August 22, 2018

Case Laws     Income Tax     AT

Reopening of an assessment beyond 4 years - issue of bogus purchases - specific and concrete information available with the AO - Reassessment proceedings sustained - However, additions made by the AO deleted on merit.

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