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HC – Expenditure incurred on setting-up V-Sat facility is revenue expenditure
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Corporate Tax
HC – Expenditure incurred on setting-up V-Sat facility is revenue expenditure
Posted on
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February 28, 2014
Tenet Tax Daily February 26 2014
By
tenettax-team
Corporate Tax
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Gifts spotted during search won’t constitute undisclosed income if they were already shown by assessee in return
Disallowance of expenditure paid to holding company in absence of documents disallowed under sec. 40A(2)