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Admission by partner that sum received from NRI was firm’s own money – Sec. 69A additions valid
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Corporate Tax
Admission by partner that sum received from NRI was firm’s own money – Sec. 69A additions valid
Posted on
on
August 19, 2019
Tenet Tax Daily August 17 2019
By
tenettax-team
Corporate Tax
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No TDS in case of Foreign Company receiving compensation for breach of contract since it did not have a PE in India
If tax was deducted on bona fide estimate the deductor cannot be treated as assessee-in-default
