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Bad debts of acquired co. don’t form part of operating cost for computing operating profit
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Corporate Tax
Bad debts of acquired co. don’t form part of operating cost for computing operating profit
Posted on
on
December 22, 2018
Tenet Tax Daily November 16 2018
By
tenettax-team
Corporate Tax
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No disallowance of repair & maintenance exp. if co. furnished PAN of all vendors as supportive doc.
SetCom Chairman couldn’t direct a particular course of action to be taken during pendency of application