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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>CBDT Sets Deadline to Resolve Pending Tax Cases from 1970-71 and Earlier by July 31, 1974.</h1> The circular from the Central Board of Direct Taxes (CBDT) addresses the issue of pending reopened and set-aside income tax cases as highlighted in a report for the year 1972-73. It refers to previous instructions setting a two-year administrative time limit for completing such assessments. Despite these instructions, the number of pending cases increased as of March 31, 1973. The CBDT mandates a time-bound program to finalize all cases from 1970-71 and earlier by July 31, 1974, requiring a progress report by August 10, 1974. Detailed reasons must be provided if any assessments cannot be completed.