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Scheduled bank to furnish prescribed return

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..... ed to the Assessing Officer or to any other authority or agency authorised by the Board in this behalf, a return in such form and verified in such manner and setting forth such particulars as may be prescribed, in respect of all taxable banking transactions entered into during such financial year in the scheduled bank. (2) Where any assessee fails to furnish the return under sub-section (1) with .....

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