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Income Tax - Highlights / Catch Notes

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Period of limitation for passing assessment order u/s 158BC - As ...


Limitation Period for Assessment Orders u/s 158BC Resumes After Order is Vacated, Must Conclude Within Legal Timeframe.

November 1, 2013

Case Laws     Income Tax     HC

Period of limitation for passing assessment order u/s 158BC - As soon as the order was vacated, the limitation will restart and will exhaust itself on the period of limitation provided under the Act – Barred by limitation - HC

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