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Sec. 44BB covers hiring of barge for offshore accommodation being indirect usage of barge to extract mineral oil
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Corporate Tax
Sec. 44BB covers hiring of barge for offshore accommodation being indirect usage of barge to extract mineral oil
Posted on
on
March 22, 2017
Tenet Tax Daily March 16 2017
By
tenettax-team
Corporate Tax
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No disallowance of foreign travel exp. of partners who travelled to Countries from which sizeable business generated
House given to wife for inadequate consideration could be attached to recover tax dues of husband