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If letter of confirmation of loan amount not considered by AO section 68 additions invalid
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Corporate Tax
If letter of confirmation of loan amount not considered by AO section 68 additions invalid
Posted on
on
September 16, 2019
Tenet Tax Daily September 16 2019
By
tenettax-team
Corporate Tax
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Order of HC which was relied by ITAT to give direction in favour of assessee cannot be dissected by AO
Rejection of assessee’s benchmarking of royalty payment by TPO without any basis is unsustainable