Insertion of new section 293C

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..... come-tax Act, the following section shall be inserted with effect from the 1st day of October, 2009, namely :— Power to withdraw approval. "293C. Where the Central Government or the Board or a .....

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..... ome-tax authority shall, after giving a reasonable opportunity of showing cause against the proposed withdrawal to the assessee concerned, at any time, withdraw the approval after recording the reason .....

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