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Failure of AO to furnish acknowledgement of service of notice leads to quashing of assessment

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  • Failure of AO to furnish acknowledgement of service of notice leads to quashing of assessment
Posted onon August 10, 2015

Tenet Tax Daily August 10 2015

By tenettax-team
Corporate Tax

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Assessee couldn’t escape penalty by stating that he was unaware of provision requiring filing of TDS return
AO gets flak from ITAT for reducing grant from cost of fixed assets without considering provisions of sec. 43(1)

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