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Assessment of income

This query is : Resolved 
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(Querist)
20 July 2010 Kindly letme know the limit over which Assistant commissioner can have jurisdiction on assessment proceeding.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
20 July 2010 It is generally income above Rs. 10 lakhs and income includes loss.

Also sometimes the limit is also hiked to Rs. 30 lakhs as per instructions of the ward CIT.

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