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HC upheld disallowance of commission as assessee failed to prove nature of services rendered by sub-agents
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Corporate Tax
HC upheld disallowance of commission as assessee failed to prove nature of services rendered by sub-agents
Posted on
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July 28, 2014
Tenet Tax Daily July 28 2014
By
tenettax-team
Corporate Tax
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HC dismissed writ as appellant-bank had alternate remedy of filing an appeal on charges of sec. 194A TDS default
No penalty or prosecution if return was voluntarily filed in good faith prior to detection of concealment