Section 147, 148 ::
Court :
HC
Brief :
Held by the Hon`ble Court that, what should be the correct net profit in the opinion of the A.O. had no relation with the formation of any opinion that assessee failed to disclosed truly and fully material facts necessary for assessment. Therefore notice was liable to be quashed.
Citation :
Yakub Ali Gopal Singh And Party Vs. D.C.I.T. And Anothers
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CA.Saibaburao Nanduri
Published in Income Tax
Views : 79
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