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No reassessment could be made on basis of an issue which was duly answered in favour of assessee by ITAT
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Corporate Tax
No reassessment could be made on basis of an issue which was duly answered in favour of assessee by ITAT
Posted on
on
July 14, 2017
Tenet Tax Daily July 13 2017
By
tenettax-team
Corporate Tax
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ITAT remanded matter to determine whether AMP exp. incurred for brand promotion was international transaction
AO couldn’t reject books of account if assessee proved that profits decreased due to increase in cost of materials