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Assessment concluded without hearing assessee is invalid even if assessee did not comply with notice for filing of return

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  • Assessment concluded without hearing assessee is invalid even if assessee did not comply with notice for filing of return
Posted onon September 28, 2013

Tenet Tax Daily September 28 2013

By tenettax-team
Corporate Tax

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Benefit of ± 5 per cent only a tolerance range- not a standard deduction for computing ALP
Expenditure disallowed under sec. 14A to be added back for computation of book profit under sec. 115JB

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