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Open charges paid to Power Grid for use of transmission lines couldn’t be held as royalty
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Corporate Tax
Open charges paid to Power Grid for use of transmission lines couldn’t be held as royalty
Posted on
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January 28, 2017
Tenet Tax Daily January 27 2017
By
tenettax-team
Corporate Tax
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Reassessment made against Diamond Merchant on basis of info of bogus purchases given by Investigation Wing
Even advance payment for flat would be eligible for sec. 54 relief