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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Penalty u/s 271AAA - Immunity - Penalty where search has been ...

Case Laws     Income Tax

August 22, 2013

Penalty u/s 271AAA - Immunity - Penalty where search has been initiated - Once a time limit for payment of tax and interest has not been set out by the statute, it cannot indeed be open to the Assessing Officer to read such a time limit into the scheme of the Section or to infer one. - AT

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