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SC: High Court couldn’t dismiss an appeal with non-speaking order and without addressing question of law
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Corporate Tax
SC: High Court couldn’t dismiss an appeal with non-speaking order and without addressing question of law
Posted on
on
July 1, 2014
Tenet Tax Daily June 23 2014
By
tenettax-team
Corporate Tax
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HC disallows interest on borrowings as assessee artificially borrowed its owned funds through a circuitous route
Reassessment can’t be based only on retro-amendments and interpretation of Apex Court on statutory provisions
