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Disallowing excess depreciation doesnot justify re-assessment if assessee was subjected to MAT provisions

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Posted onon November 22, 2013

Tenet Tax Daily November 20 2013

By tenettax-team
Corporate Tax

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No FTS under Indo-USA DTAA if services rendered don’t clear ‘make available’ benchmark
Declaring an income admitted during search and payment of taxes thereon saves assessee from sec. 271AAA penalty

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