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No disallowance could be made merely because amount of liability was yet to be ascertained: HC
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Corporate Tax
No disallowance could be made merely because amount of liability was yet to be ascertained: HC
Posted on
on
September 12, 2017
Tenet Tax Daily September 09 2017
By
tenettax-team
Corporate Tax
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HC slams AO for initiation of reassessment proceedings before expiry of time to issue scrutiny notice
Matter remanded to check legitimacy as assessee was engaged in large no. of purchases & sales of agricultural land’s
