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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - reason to believe - The ...


High Court Invalidates Section 148 Notice: No Valid "Reason to Believe" for Reopening Assessment u/s 147.

May 9, 2022

Case Laws     Income Tax     HC

Reopening of assessment u/s 147 - reason to believe - The reasons recorded were totally unfounded and consequently the jurisdictional notice under Section 148 issued by the assessing authority was without jurisdiction - HC

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