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No addition for deposit in Swiss Bank when sec. 143(1) assessment was completed prior to search

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  • No addition for deposit in Swiss Bank when sec. 143(1) assessment was completed prior to search
Posted onon December 30, 2016

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By tenettax-team
Corporate Tax, International Tax

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AO should adopt report of Valuation Officer even if its valuation is lesser than that adopted by Stamp Authority
Special Audit can be directed on basis of multiplicity of transactions, volume of trade and complexity of accounts

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