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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Mere receipt of notice u/s 142 calling for information but not ...


Section 142 Notice Alone Doesn't Equal Cooperation if Information Isn't Provided; Section 292BB Presumption Not Applicable.

June 3, 2012

Case Laws     Income Tax     AT

Mere receipt of notice u/s 142 calling for information but not furnishing information in response to the notice, cannot be said to have 'co-operated in any inquiry - provisions of Section 292BB are not attracted - AT

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