Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
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Penalty u/s 271(1)(b) - non compliance of notice in the assessment proceedings - Assessment orders have been framed u/s 143(3), it proves that the assessee had cooperated in the assessment proceedings - no penalty
Penalty u/s 271(1)(b) - non compliance of notice in the assessment proceedings - Assessment orders have been framed u/s 143(3), it proves that the assessee had cooperated in the assessment proceedings - no penalty
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