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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Reopening of assessment - The information given by DIT(Inv) can ...

Case Laws     Income Tax

October 20, 2018

Reopening of assessment - The information given by DIT(Inv) can only be a basis to ignite/trigger “reason to suspect” for which reopening cannot be made for further examination to be carried out by him in order to strengthen the suspicion - the reasons recorded by the AO to justify reopening the assessment u/s. 147 fails.

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