A.O Cannot issue Notice u/s 148 on The Basis of Scanty and Vague

Last updated: 22 August 2011
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When the reason recorded for initiation of reassessment proceedings and the information received is extremely scanty and vague, and the material based on which the proceedings are initiated does not indicate escapement of income, the AO will have no jurisdiction to issue notice u/s 148. #pdf
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Submitted by · Posted 22 August 2011 · Other files by GAUTAM DEY · Report
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