The division bench of the Bombay High Court has held that the petitioner disclosed all material facts fully and truly and assessment under section 143(3) of the Income Tax Act is made by the AO for the relevant assessment year. The jurisdictional requirements for reopening assessment after four years are absent. So notice issued under section […]
The post Notice issued for Reopening Assessment without Jurisdictional Requirements liable to be set-aside: Bombay HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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