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AO’s order held as erroneous as he failed to enquire into provisions for loss on assets for disposal
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Corporate Tax
AO’s order held as erroneous as he failed to enquire into provisions for loss on assets for disposal
Posted on
on
March 22, 2017
Tenet Tax Daily March 14 2017
By
tenettax-team
Corporate Tax
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No TDS liability if payee not identifiable at time of making provision for expenditure at year end
No disallowance of foreign travel exp. of partners who travelled to Countries from which sizeable business generated