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    <title>Statement of Union Finance Minister, Shri Pranab Mukherjee Regarding Issues of Retrospective Amendment and Transfer Pricing.</title>
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    <description>A tax administration circular confirms that assessments finalised before the prescribed cut-off will not be reopened, ensuring non-revision of completed assessments. Separately, an advisory group on transfer pricing and international taxation recommended, and a circular approved, to prevent multilevel TDS on software transactions, reducing withholding obligations for software distributors.</description>
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