Guidelines for operation of orders u/s132(3).

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..... represented to the Board that order u/s.132(3) are not lifted for considerable length of time causing avoidable loss to the assessees and embarassment to the Department. Particularly in case of stocks, the goods may deteriorate in value with the passage of time and on account of other innumerable factors. It should be appreciated that sec.132(3) can be invoked only as a short term measure and at t .....

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