High Court Rules Tribunal Erred: Reopening Assessment Beyond Four Years u/s 147 Is Valid.

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....Reopening of assessment u/s 147 - Notice issue beyond periods of four years or not - In response to the notice, the assessee itself had withdrawn the claim u/s 80IA - Tribunal erred in holding that the reopening of the assessment under Section 147 of the Act was beyond 4 years and was barred by limitation. - HC....