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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Reopening the Assessment u/s 147 - period of limitation - ...

Case Laws     Income Tax

April 29, 2020

Reopening the Assessment u/s 147 - period of limitation - Limitation under sub-Section 2 to Section 150 will apply only when the limitation had already expired by the time before the assessment order for the Assessment Year 2006-07 was made. If not, there is a saving of limitation u/s 150(1) - HC

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