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Allahabad HC – Re-assessment quashed as all facts were disclosed in assessment proceedings
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Corporate Tax
Allahabad HC – Re-assessment quashed as all facts were disclosed in assessment proceedings
Posted on
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November 12, 2013
Tenet Tax Daily November 12 2013
By
tenettax-team
Corporate Tax
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Full risk bearing Companies not comparable with an entity bearing limited risk – comparables rejected
Business profits arise when a disguised transaction of sale of shares is opted to transfer a business