Reassessment initiated based on info. that assessee received bogus accommodation entries was justified: HC

INCOME TAX : Where AO issued a reopening notice against assessee on ground that an information was received from Investigation wing that assessee was a beneficiary of accommodation entries in respect of bogus sales and thereafter notice under section 133(6) issued by AO to assessee was not responed by it, since AO had received tangible material from investigation wing and upon due satisfaction,

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