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    <title>What are the circumstances under which assessment under section 147 i.e. income escaping assessment can be carried out?</title>
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    <description>The Assessing Officer may assess or reassess income that has escaped assessment, and recompute loss, depreciation or other allowances, and may also assess any additional income that comes to notice subsequently in the course of those reassessment proceedings, even where the prescribed prior notice procedure was not followed before issuing notice for the subsequently discovered income.</description>
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