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Public issue exp. disallowed by HC as amount raised through such issue wasn’t spent for capital expansion
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Corporate Tax
Public issue exp. disallowed by HC as amount raised through such issue wasn’t spent for capital expansion
Posted on
on
March 26, 2016
Tenet Tax Daily March 24 2016
By
tenettax-team
Corporate Tax
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Waiver of interest could be denied on basis of CBDT’s order without considering previously issue notification
A Co. mainly outsourcing its work couldn’t be compared to a Co. rendering IT enabled services