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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Validity of order of Settlement Commission - the additional ...

Income Tax

November 19, 2019

Validity of order of Settlement Commission - the additional amounts which the respondents have agreed to pay are meagre considering the overall amounts disclosed in the applications under section 245C(1) of the Act. Under the circumstances, the contention that there was no full and true disclosure in the applications made u/s 245C(1), does not merit acceptance.

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