Tax Relief: HC junks income tax dept's reassessment action against Maruti Suzuki
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Tax Relief

HC junks income tax dept's reassessment action against Maruti Suzuki

In a relief to Maruti Suzuki India Ltd., the Delhi High Court on Friday rejected the income tax department's reassessment action against the company for the assessment year 2010-11. The high court said that the decision to reopen clearly appeared to have been predicated solely on the basis of what the assessing officer came to hold in assessment year 2010-11.

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