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AO rightly made reassessment as he had info that group entities of assessee were providing accommodation entries
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Corporate Tax
AO rightly made reassessment as he had info that group entities of assessee were providing accommodation entries
Posted on
on
July 19, 2016
Tenet Tax Daily July 08 2016
By
tenettax-team
Corporate Tax
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ITAT flaked for confirming addition of an exp. which wasn’t subject matter of appeal
Loss from derivative is a normal business loss and not a speculation loss
