Assessment Reopening u/s 147: Assessee's Non-compliance and Unsustainable Argument on Creditworthiness of Parties Involved.

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....Reopening of assessment u/s 147 - accommodation entry receipts - As regards merits of the case Assessing Officer has issued notice which had remained uncompliance with. The assessee’s plea of the assessee having no onus to prove the creditworthiness of the party is not sustainable - AT....