Section 124: AO's Jurisdiction on Case Transfers and Objection Limits to Prevent Delays and Protect Revenue Rights.

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Full Text of the Document

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....Jurisdiction of AO u/s 124 - transfer of case - The purpose of the prescribing the limitation for raising such objection u/s 124(3)(a), is to ensure that such objections are not timed in such a way as to defeat the right of the revenue to issue notice by letting time pass, and making them time barred.....