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Failure to maintain books of account would bar assessee to claim min. exemption benefit from undisclosed income
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Corporate Tax
Failure to maintain books of account would bar assessee to claim min. exemption benefit from undisclosed income
Posted on
on
July 3, 2014
Tenet Tax Daily July 03 2014
By
tenettax-team
Corporate Tax
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Bank couldn’t be held as assessee-in-default for TDS default if customer pays taxes on his interest income
Limitation period for sec. 154 rectification begins when AO passes original order and not consequential one