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Income Tax - Highlights / Catch Notes

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Reopening of assessment u/s 147 - filing of objections to the ...


Court: Unreasonable to Demand 24-Hour Response After Adjournment Request Silence in Section 147 Assessment Reopening Process.

February 7, 2023

Case Laws     Income Tax     HC

Reopening of assessment u/s 147 - filing of objections to the issuance of notice u/s 148A - The day on which the request is made for adjournment either needs approval or rejection, however, once having kept silence and many days to have passed, it cannot suddenly choose to insist on answering within 24 hours as the other-side would also not be wrong in presuming that such a request is already acceded to - HC

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