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Articles by Vineet

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Can Assessed Income be Less than Returned Income?

  Vineet   03 November 2009 at 19:05

Section 143 of the Income Tax Act, 1961 (the Act) was substituted by the Direct Tax Laws (Amendment) Act, 1987 w.e.f 1/4/1989. Prior to 1/4/1989, as per the provisions of sub-section (3) of section 143 of the Act the Assessing Officer after examinati ..


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