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Reasons to believe for reassessment has to be furnished even when assessment is completed under sec. 143(1)
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Corporate Tax
Reasons to believe for reassessment has to be furnished even when assessment is completed under sec. 143(1)
Posted on
on
May 14, 2016
Tenet Tax Daily May 13 2016
By
tenettax-team
Corporate Tax
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Exp. incurred on renovation of leased premise to be treated as capital expenditure
No penalty for non-maintenance of TP docs if assessee furnished updated margins of earlier comparables