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Income Tax - Highlights / Catch Notes

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Validity of reopening of assessment - Reason to believe - ...

Case Laws     Income Tax

August 14, 2023

Validity of reopening of assessment - Reason to believe - Pertinently, the question of going into the veracity and genuineness of material/evidence forming the opinion of the Assessing Officer suggesting that income of petitioner/assessee has escaped assessment ought not to be gone into while exercising writ jurisdiction under Article 226 or supervisory jurisdiction under Article 227 of the Constitution. - Petition dismissed - HC

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