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Direct Taxes - Highlights / Catch Notes

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Benami Transactions - provisional attachment of property - ...

Direct Taxes

September 7, 2021

Benami Transactions - provisional attachment of property - validity of show cause notice - for all purposes, it is only the commencement of proceedings under the Act and the petitioner has to respond to the show cause notice by submitting their explanations/objections along with the documents and evidences and thereafter, the authorities are bound to adjudicate the matter in the manner provided and take appropriate decision. - HC

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