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Circular : No. 492 -Income Tax Attention is invited to Board’s Circular No. 12/66-IT(B), dated 9-6-1965 copy attached for ready reference. It has been brought to the notice of the Board that relying upon the example in the above circular, even in cases where there is no delay attributable to the assessee for completion of the assessment, waiver is limited only up to the date of taking up of the case for assessment beyond the
