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Compensation paid by builder to trust for reducing tax incidence rightly disallowed: HC
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Corporate Tax
Compensation paid by builder to trust for reducing tax incidence rightly disallowed: HC
Posted on
on
January 22, 2020
Tenet Tax Daily January 06 2020
By
tenettax-team
Corporate Tax
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Fact that no activities had been started towards objects of trust not valid ground for denial of Sec. 80G approval
Since AO failed to conduct proper enquiry sec. 263 revision held justified: HC
