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Assessee was not to be given opportunity of being heard by CIT while granting approval for block assessment
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Corporate Tax
Assessee was not to be given opportunity of being heard by CIT while granting approval for block assessment
Posted on
on
February 17, 2014
Tenet Tax Daily February 08 2014
By
tenettax-team
Corporate Tax
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Exp. on scientific research useful for public at large is allowable even if it enures benefit to third party
Exp. on application software isn’t revenue exp. even if it has very short shelf life and is prone to obsolescence
