Directions under section 119 of the Income-tax Act, 1961—regd.

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..... wards digital mode of payment while making financial transactions. By adopting digital mode of payment, no financial transactions would remain undisclosed and consequently an enhanced turnover of business might get reflected in the books of account. Under the circumstances, an apprehension has been raised that increased turnover in the current year may lead to reopening of earlier years' cases inv .....

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