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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

If an assessee has furnished full and true particulars at the ...


Assessments with complete, accurate details can't be reopened within four years for alleged escaped income.

September 27, 2012

Case Laws     Income Tax     HC

If an assessee has furnished full and true particulars at the time of original assessment with reference to income alleged to have escaped assessment, AO cannot reopen the assessment even within a period of 4 years. - HC

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