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Before conclusion of assessment, assessee couldn’t insist on recovery of tax from proceeds of his seized assets
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Corporate Tax
Before conclusion of assessment, assessee couldn’t insist on recovery of tax from proceeds of his seized assets
Posted on
on
May 29, 2014
Tenet Tax Daily May 27 2014
By
tenettax-team
Corporate Tax
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Resident assessee can claim losses incurred from house property located abroad in return filed in India
Entitlement to sec. 54F relief remains intact even if a residential house is used commercially