The Court quashed the order and directed the 2nd respondent to pass fresh orders on the application also taking note of the provisions contained in the circular
The single bench of Kerala High Court quashed the order rejecting the rectification application. The court viewed that the department failed to Dispose Rectification application within time under section 154 (7) of the Income Tax Act, 1961 and to consider a circular issued by the Central Board of Direct Taxes ( CBDT ). The petitioner,…
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