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AO Rightly Demands Financial Institutions Report Account Holders with Transactions Over Rs. 1,00,000 u/s 133(6) IT Act.

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....AO has not erred in issuing the notice to the assessee- financial institution requiring it to furnish information regarding the account holder with cash transactions or deposits of more than Rs. 1,00,000/- u/s 133(6) - SC....

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