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Before initiating reassessment AO must dispose of preliminary objection of assessee by passing speaking order

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  • Before initiating reassessment AO must dispose of preliminary objection of assessee by passing speaking order
Posted onon July 5, 2014

Tenet Tax Daily July 05 2014

By tenettax-team
Corporate Tax

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Limitation period for sec. 154 rectification begins when AO passes original order and not consequential one
Delay in filing of appeal due to failure of AO to hand over his charge to successor is condonable

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