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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

There is no limitation for issuing a notice u/s.158BD is ...


No Time Limit for Section 158BD Notices, But Proceedings Can't Be Indefinitely Delayed or Initiated Years Later.

April 5, 2014

Case Laws     Income Tax     AT

There is no limitation for issuing a notice u/s.158BD is provided under Act, but this cannot be construed as proceedings can be initiated even after lapse of many years or after indefinite period - AT

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