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Following the prescribed time-limit in passing order under sub-section (8) of section 154 of Income-tax Act 1961

Income Tax - 01/2016 - Dated:- 15-2-2016 - Instruction No. 01/2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 15th of February, 2016 Subject: -regd. Sub-section (8) of section 154 of the Income-tax Act, 1961 ('Act') stipulates that where an application for amendment is made by assessee/deductor/collector with a view to rectify any mistake apparent from record, the income-tax authority concerned shall pass an ord .....

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