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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Reassessment – the object and purpose of the proceedings under ...


Section 147 of Income Tax Act prioritizes Revenue over taxpayer in proceedings.

February 21, 2013

Case Laws     Income Tax     HC

Reassessment – the object and purpose of the proceedings under section 147 of the Act is for the benefit of the Revenue and not for the benefit of the assessee - HC

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