No Prejudice when Assessee “clearly understood” Purport and Import of Income Tax Notice issued before 30 years: Bombay HC [Read Order]

Bombay High Court ruled that no prejudice is caused to the assessee when the assessee “clearly understood” the purport and import of income tax notice issued before 30 years
Bombay High Court - Income Tax Notice - Import of Income Tax - income tax - TAXSCAN

In a significant ruling the Bombay High Court ruled that no prejudice is caused to the assessee when the assessee “clearly understood” the purport and import of income tax notice issued before 30 years. The question is as to whether an alleged defect in the notice issued to the appellant under Section 271(1)(c) read with…

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