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Capital receipt covers cases where compensation is received by lessor on termination of lease due to sale of property
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Corporate Tax
Capital receipt covers cases where compensation is received by lessor on termination of lease due to sale of property
Posted on
on
November 22, 2019
Tenet Tax Daily November 22 2019
By
tenettax-team
Corporate Tax
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In case appeal is pending against assessment order, rectification application cannot be denied only giving reason
Order passed by AO without considering assessee’s submissions is a non speaking order and needs to be quashed