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Explanation of intimation u/s. 245

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04 January 2016 Please give a detailed explanation of Intimation u/s. 245. What is its purpose?

05 January 2016 Earlier the Tax authorities use to directly adjust previous demands with the refund due to the assessee. But now they send a prior Notice and then do the adjustement based on response from the assessee

05 January 2016 Thanks for the reply, Sir.




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