https://www.taxtmi.com/highlights?id=66512 Reopening of assessment u/s 147 - reasons to believe - the reasons recorded by the AO do not lead to the conclusion that the assessee and Biomatrix were associated enterprises, and, therefore, it could not be said that any income, on account of ALP adjustment, had escaped assessment. - AT en-us Sat, 12 Nov 2022 13:06:54 +0530 Sat, 12 Nov 2022 13:06:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66512 Reopening of assessment u/s 147 - reasons to believe - the reasons recorded by the AO do not lead to the conclusion that the assessee and Biomatrix were associated enterprises, and, therefore, it could not be said that any income, on account of ALP adjustment, had escaped assessment. - AT Highlights Income Tax Sat, 12 Nov 2022 13:06:54 +0530 https://www.taxtmi.com/highlights?id=66512