Revenue has to be vigilant in issuing notice to the third party ...
Court Stresses Revenue Authority's Duty for Immediate Notices to Third Parties Post-Assessment u/s 158 BD.
January 19, 2015
Case Laws Income Tax HC
Revenue has to be vigilant in issuing notice to the third party under Section 158 BD, immediately after the completion of assessment of the searched person, this Court is of the opinion that a delay ranging between 10 months of 1 ½ years cannot be considered contemporaneous to assessment proceedings - HC
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