Reassessment Proceedings Allowed u/s 147 Despite Prior Intimation u/s 143(1), No Block by Section 143(3) Steps.

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....Reopening of assessment - failure to take steps u/s.143(3) will not render the AO powerless to initiate reassessment proceedings u/s.147 r.w.sec.148 of the Act, though the intimation was sent u/s.143(1) of the Act. - AT....