Taxpayer Can Explain Position in Reassessment u/s 147; Court Finds No Prejudice from Process Actions.

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....Reopening of assessment u/s 147 - the petitioner is having an opportunity of explaining his stand, in the proceeding initiated pursuant to the notice under Section 148 of the I.T. Act. In fact no prejudice is caused to the petitioner by the acts of the respondents, if any. - HC....