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Income Tax - Highlights / Catch Notes

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Reopening of assessment - ‘Alleged under pricing of goods’ if ...


Assessment Reopening for 1997-98 Underpricing Allegations Does Not Indicate Non-Disclosure of Material Facts by Company.

January 10, 2013

Case Laws     Income Tax     AT

Reopening of assessment - ‘Alleged under pricing of goods’ if any as mentioned in the order of 1997-98 and in the reopening orders cannot be termed non-disclosure of material facts by the assessee-company. - AT

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