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Exp. incurred on construction of houses for the people affected by floods wasn’t allowable
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Corporate Tax
Exp. incurred on construction of houses for the people affected by floods wasn’t allowable
Posted on
on
June 28, 2017
Tenet Tax Daily June 21 2017
By
tenettax-team
Corporate Tax
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Sec. 50C couldn’t be applied if no circle rate was prescribed by stamp valuation authorities: ITAT
Adhoc disallowance of royalty was unjustified if TPO failed to propose adjustments as per TP provisions
