Reopening of proceedings u/s 147 sustainable as original return processed u/s 143(1)

Sahara India Power Corporation Limited Vs ACIT (ITAT Delhi)

ITAT Delhi held that as the original return was only processed u/s 143(1), AO can duly initiate re-opening of proceedings under section 147 of the Income Tax Act so as to bring the escaped income into tax.

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