Tax Reassessment Initiated; Disallowance u/ss 36 and 37 of Income Tax Act Validated. Jurisdiction Unclear Yet.
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....Reopening of assessment - disallowance u/s 36 & 37 - at present, only proceeding has been initiated. Prima facie,it cannot be said that the notice is without jurisdiction. - HC....




TaxTMI
TaxTMI