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AO couldn’t be said to have exceeded his jurisdiction while taxing excess share premium; HC dismissed SLP
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Corporate Tax
AO couldn’t be said to have exceeded his jurisdiction while taxing excess share premium; HC dismissed SLP
Posted on
on
July 10, 2018
Tenet Tax Daily July 05 2018
By
tenettax-team
Corporate Tax
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No question of law involved if lower authorities held that commission paid to directors wasn’t excessive: HC
ITAT justified rejection of sec. 10(23C) approval as primary object of society was non-educational activity