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1978 (11) TMI 31 - HC - Income Tax

The petitioner, an accountable person under the E.D. Act, approached the CBDT under s. 69 for composition of estate duty but the Board declined without providing reasons. The High Court quashed the decision, stating that the refusal must be supported by relevant reasons as per s. 69. The CBDT was directed to reconsider the matter.

 

 

 

 

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