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No concealment penalty on assessee when it had declared capital gains but disputed its tax liability
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Corporate Tax
No concealment penalty on assessee when it had declared capital gains but disputed its tax liability
Posted on
on
December 26, 2014
Tenet Tax Daily December 25 2014
By
tenettax-team
Corporate Tax
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Rental income from property equipped with specialized machinery is house property income and not business income
No TDS disallowance on payment of taxes by payee; proviso to sec. 40(a)(ia) effective prospectively from 1.4.2013