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Expenses being in nature of revenue exp. to be allowed despite different treatment in books of account
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Corporate Tax
Expenses being in nature of revenue exp. to be allowed despite different treatment in books of account
Posted on
on
February 26, 2019
Tenet Tax Daily February 26 2019
By
tenettax-team
Corporate Tax
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Sale of shares demarcated as investment in balance sheet chargeable to tax as capital gains
No condonation of delay if assessee failed to prove that delay occurred due to factors beyond its control
