Assessing Officer to Reevaluate High-Value Share Transactions from Section 148A(b) Notice Stage, Redact Third-Party Info.

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....Reopening of assessment u/s 147 - high value shares transaction/activities - Assessing Officer will carry out a de novo exercise from the stage at which notice under Section 148A(b) is positioned. Before proceeding further, the AO will furnish the relevant information concerning the petitioner, after redacting information which concerns third parties. - HC....