Lack of definitive quantum of escapement and change of opinion: Gujarat HC held reopening invalid The assessee had recorded purchases of ₹58.05 crore from Ruchita Chemicals LLP, which were thoroughly examined and accepted in the original assessment under Section 143(3). From these funds, Ruchita Chemicals LLP advanced ₹7 crore to M/s Invent Asset Securitization and Reconstruction…
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