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Income Tax - Highlights / Catch Notes

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Validity of assessment order passed u/s 144C - The assessment ...

Income Tax

November 10, 2023

Validity of assessment order passed u/s 144C - The assessment order passed by FAO two years after the DRP directions, is time barred and cannot be sustained. Consequently, the ROI as filed has to be accepted. Petitioner is entitled to receive the refund together with interest, in accordance with law. - HC

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