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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Reopening of assessment - rent receipt from leasing of property ...


Assessing Officer Must Use Objective Evidence, Not Personal Judgment, for Reopening Rent Income Assessment.

March 30, 2013

Case Laws     Income Tax     HC

Reopening of assessment - rent receipt from leasing of property - the formation of opinion by the AO that income has escaped assessment cannot be regarded as a mere subjective satisfaction - HC

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