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AO made apparent mistake by treating taxpayer as assessee in default only on basis of admission of taxpayer: ITAT

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  • AO made apparent mistake by treating taxpayer as assessee in default only on basis of admission of taxpayer: ITAT
Posted onon August 1, 2016

Tenet Tax Daily July 21 2016

By tenettax-team
Corporate Tax

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Reassessment rightly made as AO had reasons to believe that taxpayer had made bogus purchases
Fee paid by stock broker for marketing services couldn’t be held as FTS under India-UK treaty

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