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Bank couldn’t be held as assessee-in-default for TDS default if customer pays taxes on his interest income
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Corporate Tax
Bank couldn’t be held as assessee-in-default for TDS default if customer pays taxes on his interest income
Posted on
on
July 3, 2014
Tenet Tax Daily July 02 2014
By
tenettax-team
Corporate Tax
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Slight delay in service of demand notice and copy of assessment order would not invalidate assessment
Failure to maintain books of account would bar assessee to claim min. exemption benefit from undisclosed income
