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    <title>CBDT directs that the Income-tax Officer, making the reassessment or recomputation under section 147 of the said Act, shall not issue a notice under section 148 of the said Act</title>
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    <description>The Central Board of Direct Taxes directs that an Income-tax Officer making a reassessment or recomputation under section 147 shall not issue a notice under section 148 within four years from the end of the relevant assessment year if the tax on escaped income is below a specified lower threshold, and shall not issue such notice after four years but before eight years if the tax on escaped income is below a specified higher threshold; the order defines &quot;relevant assessment year&quot; by reference to reassessment provisions and states its commencement date.</description>
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    <pubDate>Thu, 11 Feb 1982 00:00:00 +0530</pubDate>
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      <title>CBDT directs that the Income-tax Officer, making the reassessment or recomputation under section 147 of the said Act, shall not issue a notice under section 148 of the said Act</title>
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      <description>The Central Board of Direct Taxes directs that an Income-tax Officer making a reassessment or recomputation under section 147 shall not issue a notice under section 148 within four years from the end of the relevant assessment year if the tax on escaped income is below a specified lower threshold, and shall not issue such notice after four years but before eight years if the tax on escaped income is below a specified higher threshold; the order defines &quot;relevant assessment year&quot; by reference to reassessment provisions and states its commencement date.</description>
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      <pubDate>Thu, 11 Feb 1982 00:00:00 +0530</pubDate>
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