142 results for “bogus purchases”+ Section 43(5)clear
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section 147 of Income Tax Act, 1961. 2.On the facts and circumstances of the case and in law the Ld. Commissioner of Income Tax (Appeals) erred in reopening the assessment u/s 147 by issue of notice dated 12.03.2015 u/s 148 which is merely due to change of opinion and therefore the reopening is bad in law. 3. On the facts