Court Rejects Shortcuts for Reopening Tax Assessments, Emphasizes Proper Use of Section 147 and Section 263 Procedures.

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....Validity of reopening of assessment u/s 147 - Had the revenue been aggrieved of the assessment order passed u/s 143(3) of the Act, it would had the recourse u/s 263 of the Act but the present short cut method cannot be allowed - HC....