Information processing by the prescribed tax authority enables sharing of processing outcomes with the Assessing Officer for verification. The amendment inserts a new sub section allowing the prescribed income tax authority to process information or documents received in response to notices under section 133C and to make available the outcome of such processing to the Assessing Officer for further action.
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Provisions expressly mentioned in the judgment/order text.
Information processing by the prescribed tax authority enables sharing of processing outcomes with the Assessing Officer for verification.
The amendment inserts a new sub section allowing the prescribed income tax authority to process information or documents received in response to notices under section 133C and to make available the outcome of such processing to the Assessing Officer for further action.
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