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Debonding in cases where SCN is pending for Adjudication
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....effect that it would not dispose of its land, building, capital goods etc. till such time the show cause notice is adjudicated and the amount confirmed, if any, paid. This undertaking would be backed by a bank guarantee of, say, 10% of the amount involved in the show cause notices. Before accepting the undertaking certain additional factors should also be kept in mind, e.g. whether the land/buildi....
TaxTMI
TaxTMI