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Period of limitation to seek rectification under sec. 254 to be counted from date of actual receipt of order

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  • Period of limitation to seek rectification under sec. 254 to be counted from date of actual receipt of order
Posted onon May 19, 2014

Tenet Tax Daily May 17 2014

By tenettax-team
Corporate Tax

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HC sets aside reassessment order as it was passed by AO in haste without considering objections of assessee
ITAT deleted concealment penalty as retro-amendment merely transformed a valid expense into disallowable one

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