TMI BlogExtended Limitation Period Inapplicable When Profit and Loss Account Transparently Reflects All Facts Without Suppression.Extended period of limitation - Inasmuch as, profit and loss account is a public document and reflection of the entire facts in the said documents cannot lead to the presence of malafide suppression on the part of the assessee. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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