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HC couldn’t remand matter to examine creditors when there was fraudulent practice of name lending: Apex Court
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Corporate Tax
HC couldn’t remand matter to examine creditors when there was fraudulent practice of name lending: Apex Court
Posted on
on
November 10, 2016
By
tenettax-team
Corporate Tax
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No deduction of forex loss on loans granted to AE as assessee failed to prove that it was utilized for business of AE
AO couldn’t reopen case merely on basis of opinion of audit party that there was discrepancy in turnover
