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Sec. 69A additions upheld as assessee failed to prove that bedroom from where cash was seized belonged to his sister
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Corporate Tax
Sec. 69A additions upheld as assessee failed to prove that bedroom from where cash was seized belonged to his sister
Posted on
on
May 9, 2017
Tenet Tax Daily May 09 2017
By
tenettax-team
Corporate Tax
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Reassessment by CIT was justified if AO accepted claim of depreciation without proper examination
POEM of Foreign Shipping Co. wasn’t in India as all important decisions were taken from Denmark