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Expenditure incurred to defend directors arrested for narcotics offence not an allowable business expenditure

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Posted onon August 8, 2013

Tenet Tax Daily August 08 2013

By tenettax-team
Corporate Tax

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Commission earned by NR agent for services rendered abroad not taxable in India in absence of PE in India
Reopening an assessment under Section 148 not allowed under pertext of “protective assessment”

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