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No sec. 69C additions if sum towards purchase of paintings was paid through proper banking channel
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Corporate Tax
No sec. 69C additions if sum towards purchase of paintings was paid through proper banking channel
Posted on
on
June 21, 2018
Tenet Tax Daily June 21 2018
By
tenettax-team
Corporate Tax
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Provision for doubtful debt couldn’t be added while computing book profit for MAT calculation: ITAT
ITAT remanded matter as revenue sharing though christened as royalty yet wasn’t royalty