Binding Effect of circulars / orders / instructions

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..... tions- The binding nature of circulars and instructions issued by the Central Board of Direct Taxes (CBDT) is an important aspect of tax administration in India. These circulars and instructions facil .....

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..... 000 (5) TMI 3 - SUPREME COURT] - Held that, It is well settled that instructions/circulars cannot be inconsistent with the provision of the parent act when they seek to tone down the rigours of the Ac .....

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