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No disallowance of foreign travel exp. of partners who travelled to Countries from which sizeable business generated
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Corporate Tax
No disallowance of foreign travel exp. of partners who travelled to Countries from which sizeable business generated
Posted on
on
March 22, 2017
Tenet Tax Daily March 15 2017
By
tenettax-team
Corporate Tax
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AO’s order held as erroneous as he failed to enquire into provisions for loss on assets for disposal
Sec. 44BB covers hiring of barge for offshore accommodation being indirect usage of barge to extract mineral oil