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Reassessment by CIT was justified if AO accepted claim of depreciation without proper examination
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Corporate Tax
Reassessment by CIT was justified if AO accepted claim of depreciation without proper examination
Posted on
on
May 9, 2017
Tenet Tax Daily May 08 2017
By
tenettax-team
Corporate Tax
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Commission paid to agent for providing liasoning services relating to govt. tender was allowable business exp.
Sec. 69A additions upheld as assessee failed to prove that bedroom from where cash was seized belonged to his sister