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No penalty or prosecution if return was voluntarily filed in good faith prior to detection of concealment
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Corporate Tax
No penalty or prosecution if return was voluntarily filed in good faith prior to detection of concealment
Posted on
on
July 29, 2014
Tenet Tax Daily July 29 2014
By
tenettax-team
Corporate Tax
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HC upheld disallowance of commission as assessee failed to prove nature of services rendered by sub-agents
Transfer of ownership rights via agreement to sell held as ‘transfer’, even if possession wasn’t given to purchaser
