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High Court Upholds Assessing Officer's Jurisdiction for Reopening Assessment Due to Suspected Accommodation Entries.

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....Reopening of assessment - Prima facie there is both material as also a reason to believe that the said entries are accommodation entries - the jurisdiction appears to have been validly exercised by the Assessing Officer. - HC....

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High Court Upholds Assessing Officer's Jurisdiction for Reopening Assessment Due to Suspected Accommodation Entries.