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ITAT remands back matter to enquire into an issue directly relevant to TP adjustments and not dealt with by DRP
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International Tax
ITAT remands back matter to enquire into an issue directly relevant to TP adjustments and not dealt with by DRP
Posted on
on
January 21, 2014
Tenet Tax Daily January 21 2014
By
tenettax-team
International Tax
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Sec. 40(a)(ia) contemplates actual tax deduction and not mere debit entry in account of payee
Expenditure incurred on tenancy rights during acquisition of running business is revenue expenditure