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No reassessment after 4 years to treat slump sale otherwise if assessee had disclosed all facts during assessment
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Corporate Tax
No reassessment after 4 years to treat slump sale otherwise if assessee had disclosed all facts during assessment
Posted on
on
June 9, 2017
Tenet Tax Daily June 09 2017
By
tenettax-team
Corporate Tax
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Income couldn’t be said to have escaped if ledger found during search was already examined in regular assessment
ITAT denied ‘Pass through’ status to trust as its beneficiaries were unknown