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No addition in hand of co. if sum seized from bank locker of co. was admitted by director as his undisclosed income
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Corporate Tax
No addition in hand of co. if sum seized from bank locker of co. was admitted by director as his undisclosed income
Posted on
on
September 11, 2017
Tenet Tax Daily August 31 2017
By
tenettax-team
Corporate Tax
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No addition on account of cessation of liability if amount related of sundry creditors was credited to P&L a/c
ITAT couldn’t remand matter back to TPO for afresh determination if details of comparables were available
