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HC slams revenue for initiating reassessment at instance of audit party without recording his own reasons
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Corporate Tax
HC slams revenue for initiating reassessment at instance of audit party without recording his own reasons
Posted on
on
January 17, 2014
Tenet Tax Daily January 16, 2014
By
tenettax-team
Corporate Tax
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Provision for gratuity and leave encashment not a contingent liability but deductible as business expense
Taxability under the Act becomes irrelevant if income earned by NR isn’t taxable in India as per DTAA