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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Validity of reopening of assessment - AO has merely proceeded on ...

Case Laws     Income Tax

September 12, 2012

Validity of reopening of assessment - AO has merely proceeded on surmises, conjectures and suspicion to observe that income of the assessee has escaped assessment which in law cannot constitute a reason to believe for invoking section 147. - AT

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