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Sec. 263 revision was valid if assessee failed to substantiate source of cash deposit with any evidence
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Corporate Tax
Sec. 263 revision was valid if assessee failed to substantiate source of cash deposit with any evidence
Posted on
on
September 11, 2017
Tenet Tax Daily August 29 2017
By
tenettax-team
Corporate Tax
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No TDS on rental payment made by co. on behalf of directors if recipient had no deduction certificate u/s 197
No addition on account of cessation of liability if amount related of sundry creditors was credited to P&L a/c
