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Power to reopen the case cannot be exercised on the basis of "reason to suspect" or to "scrutinize" the return or "verify" the accounts/claims


Last updated: 28 June 2021

Court :
ITAT Hyderabad

Brief :
These two revenue’s appeals ITA 525/H/19, ITA 526/Hyd/19 and assessee’s Cross Objection Nos. 20 & 21/H/19 therein for AY 2007-08 and 2008-09 arise against the CIT(A)-10, Hyderabad’s separate orders dated  11.01.2019 and 10.01.2019 passed in case nos. 0114/2015-16 and 0113/2015-16; respectively involving proceedings u/s 143(3) r.w.s 147 of the Income Tax Act, 1961 (in short ‘the Act’). 

Citation :
ITA 525/Hyd/2019

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