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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Timely Reconciliation of Revenue Receipts Mandated by Central Board; Collectors to Prioritize and Prevent Fraud.</h1> The Central Board of Excise & Customs issued a circular emphasizing the importance of timely reconciliation of revenue receipts within various Collectorates. The Public Accounts Committee noted delays in this process, leading to potential fraud by certain assessees. The Board mandates that reconciliation must be completed within six months from the relevant period. Collectors are instructed to prioritize this task and address any lapses firmly. Field formations are to be informed of these instructions to ensure compliance and prevent fraudulent activities.