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No reassessment when info on concealed income was already existing at time of assessment
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Corporate Tax
No reassessment when info on concealed income was already existing at time of assessment
Posted on
on
October 20, 2015
Tenet Tax Daily October 15 2015
By
tenettax-team
Corporate Tax
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Even payment made under oral contract would attract TDS under sec. 194C
Prior to 1-6-2013 developer wasn’t liable to TDS on purchase of property from NR due to non-discrimination clause