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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Though, the Act does not lay down any time limit for initiating ...

Case Laws     Income Tax

September 17, 2012

Though, the Act does not lay down any time limit for initiating proceedings u/s.158BD yet, equity demands that proceedings should not be kept pending indefinitely and the Sword of Damocles be kept hanging over the head of the taxpayer for an indefinite period - AT

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