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Unexplained cash and jewellery seized from partners couldn’t be adjusted against tax liability of the firm
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Corporate Tax
Unexplained cash and jewellery seized from partners couldn’t be adjusted against tax liability of the firm
Posted on
on
January 2, 2015
Tenet Tax Daily December 31 2014
By
tenettax-team
Corporate Tax
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Once source of deposit in bank account is explained, subsequent withdrawal thereof need not be explained
Enhanced compensation received on transfer of tenancy rights in a land is liable to capital gains tax
