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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Reopening of assessment - reopening relying on audit objection - ...


Tax Assessment Reopening Barred by Sections 147 & 148 of Income Tax Act if Based on Information Change.

November 14, 2018

Case Laws     Income Tax     HC

Reopening of assessment - reopening relying on audit objection - change of information is impermissible. The Revenue was clearly barred by the provisions of section 147/148 of the Act.

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