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Disclosure of additional income during settlement didn’t show that initial offer wasn’t true: HC
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Corporate Tax
Disclosure of additional income during settlement didn’t show that initial offer wasn’t true: HC
Posted on
on
December 2, 2016
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By
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Corporate Tax
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Additions made in total income of assessee after determination of ALP would invite concealment penalty
Interest paid by stock-broker was deductible under sec. 57 as borrowings were utilized for deposits with NSE
