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Additions on basis of info extracted from loose paper found in search proceedings of third party set aside
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Corporate Tax
Additions on basis of info extracted from loose paper found in search proceedings of third party set aside
Posted on
on
September 1, 2014
Tenet Tax Daily August 30 2014
By
tenettax-team
Corporate Tax
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License fee paid by Hotel for using courtyard of a palace for its business was allowable as revenue expenditure
Salary income declared after search proceedings would be undisclosed even if tax was deducted therefrom