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HC slams AO for invoking reassessment proceedings without disposing off assessee’s objections
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Corporate Tax
HC slams AO for invoking reassessment proceedings without disposing off assessee’s objections
Posted on
on
May 29, 2017
Tenet Tax Daily May 12 2017
By
tenettax-team
Corporate Tax
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No sec. 41(1) deemed income when assessee writes off liability of vendor cos after outright purchase of business
Additional evidence was to be admitted if it was relevant for calculating actual income: HC