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No concealment penalty could be imposed just because an expenditure was disallowed due to TDS default
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Corporate Tax
No concealment penalty could be imposed just because an expenditure was disallowed due to TDS default
Posted on
on
June 18, 2016
Tenet Tax Daily June 18 2016
By
tenettax-team
Corporate Tax
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ITAT removes effect of cost reimbursed from AE as comparable wasn’t getting any reimbursement for its services
No reassessment after 4 years if all material facts were disclosed by assessee during original assessment
