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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Validity of revised return - when the assessee was not entitled ...

Case Laws     Income Tax

February 20, 2013

Validity of revised return - when the assessee was not entitled to sale proceed of land, obviously, tax cannot be levied on such receipt from the sale of land. CIT(A) was fully justified in directing the AO to consider the revised return furnished by the assessee - AT

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