AO couldn't initiate reassessment on pretext that binding decision of Supreme Court was overlooked; SLP dismissed

INCOME TAX : Where High Court upheld Tribunal's order holding that since in scrutiny assessment Assessing Officer had gone into assessee's claim for deduction of payment of royalty, he could not initiate reassessment proceedings on pretext that a binding decision of Supreme Court was overlooked at time of assessment, SLP filed against order of High Court was to be dismissed

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