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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Reopening of assessment - unexplained source of credit card ...

Case Laws     Income Tax

September 15, 2018

Reopening of assessment - unexplained source of credit card expenditure - return filing under wrong PAN - AO had only remedy under the provisions of the Act to issue notice under section 148 to assess the income of the assessee as there was no valid return and the return filed under wrong PAN was a non est return.

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