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No involvement of perquisites just because employer was paying fixed monthly medical allowances

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  • No involvement of perquisites just because employer was paying fixed monthly medical allowances
Posted onon November 4, 2016

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By tenettax-team
Corporate Tax, Individual Taxation

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Cash deposited by partner in saving account couldn’t be held as unexplained when it was cash sales of firm
Delay in claiming refund should be condoned when taxpayer had incurred huge losses over a period of time

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