Scope of Sec.281B.

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Full Text of the Document

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....and there is apprehension that the assessee may thwart the ultimate collection of demand. 2. The section provides that where, during the pendency of any proceeding for assessment or reassessment of any income including the proceedings under section 132(5) of Income-tax Act, the Assessing Officer is of the opinion that for the purpose of protecting the interest of the revenue it is necessary so ....