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Submission of affidavit of gift received from spouse didn’t explain source of investments found in search

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  • Submission of affidavit of gift received from spouse didn’t explain source of investments found in search
Posted onon August 4, 2015

Tenet Tax Daily August 03 2015

By tenettax-team
Corporate Tax, Individual Taxation

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Cement bags are taxable separately as it is established that sale of cement and bags are separate transaction
No denial of sec. 80-IC relief due to non-maintenance of separate books for manufacturing carried on job work basis

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