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2016 (1) TMI 1267 - HC - Income TaxRecording of satisfaction note under Section 158B/153C - Held that - In light of the Circular No. 24/2015 dated 31st December 2015 issued by the Central Board of Direct Taxes on the subject Recording of satisfaction note under Section 158BD/153C of the Act these appeals are not pressed.
The High Court of Delhi allowed the applications subject to all just exceptions in the case of ITA Nos. 60/2016, 61/2016, 62/2016, 63/2016 & 64/2016. The appeals were dismissed as not pressed based on Circular No. 24/2015 issued by the Central Board of Direct Taxes regarding the recording of satisfaction note under Section 158BD/153C of the Act.
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