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[Cites 0, Cited by 0] [Section 44H] [Entire Act]

Union of India - Subsection

Section 44H(4) in Income Tax Rules, 1962

(4)The effect to the resolution arrived at under mutual agreement procedure shall be given by the Assessing Officer within ninety days of receipt of the same by the Chief Commissioner or the Director-General of Income-tax, if the assessee,-
(i)gives his acceptance to the resolution taken under mutual agreement procedure; and
(ii)withdraws his appeal, if any, pending on the issue which was the subject matter for adjudication under mutual agreement procedure.