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Allotment of shares in public issue and their sale couldn’t be held as speculative business
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Corporate Tax
Allotment of shares in public issue and their sale couldn’t be held as speculative business
Posted on
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November 14, 2016
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Corporate Tax
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Application for sec. 10(23C) relief can be made even prior to April 1 of AY for which exemption is sought
No penalty for non-disclosure of ‘FTS’ if its taxability was determined by AO after interpreting DTAA
