2011 (9) TMI 1014

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Full Text of the Document

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....2006-07 in which assessment order was passed. In this assessment the Assessee had also shown that he had purchased shares in a Company called M/s Trozen Developers Pvt. Ltd. The return filed was accepted. However, thereafter assessment was reopened by issuing notice under Section 148 of the Income Tax Act on the ground that the said Company was holding one property and the value of the said pro....