Audit objections.

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..... May, 1978 (F.No. 237/2/78-A7PAC-ii). 2. It has been brought to the notice of the Board that many proceedings started u/s 148 of the I.T. Act after receipt of the audit objections have been dropped o .....

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..... u/s 147 on the ground that assessment proceedings were re-opened on the basis of audit objection. 3. Whenever remedial action is to be taken in future if possible action u/s 263 should be taken in p .....

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