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Limitation period for sec. 154 rectification begins when AO passes original order and not consequential one
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Corporate Tax
Limitation period for sec. 154 rectification begins when AO passes original order and not consequential one
Posted on
on
July 5, 2014
Tenet Tax Daily July 04 2014
By
tenettax-team
Corporate Tax
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Failure to maintain books of account would bar assessee to claim min. exemption benefit from undisclosed income
Before initiating reassessment AO must dispose of preliminary objection of assessee by passing speaking order
