cbdt extends stay on assessment and recovery proceedings under sec 80 hhc

Friday, September 30, 2005

Central Board of Direct Taxes (CBDT) has extended the stay on all assessment and recovery proceedings relating to assessments reopened specifically to reassess the claim for deduction under Section 80 HHC of the Income-tax Act from 30th September 2005 to 31st October 2005.

BSC/BY/SPS/NSR