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Tax Department Issues Garnishee Notice on Unmatured FDRs for Non-Compliance with Demand Notice u/s 226(3.

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....Garnishee notice issued for FDRs – Deposits yet to mature – non-compliance of the demand notice raised by the Department u/s 226 (3), revenue have rightly held that assessee is to be treated as an assessee in default - HC....

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