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Payment to NR under a composite contract for offshore supply and installation subject to TDS

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  • Payment to NR under a composite contract for offshore supply and installation subject to TDS
Posted onon March 23, 2015

Tenet Tax Daily March 23 2015

By tenettax-team
Corporate Tax, International Tax

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Legal exp. incurred on feasibility report preparation for acquisition of a new brand was revenue exp.
Sec. 154 had be invoked when AO had wrongly mentioned agriculture income under the head exp.

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