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Funds were to be taxed in hands of investors if revocable contributions were made to trust

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  • Funds were to be taxed in hands of investors if revocable contributions were made to trust
Posted onon June 28, 2017

Tenet Tax Daily June 26 2017

By tenettax-team
Corporate Tax

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Loss incurred on sale of foreign cars used in business without claming dep. would be treated as business loss: HC
Purchase of goods as per given specification isn’t a works contract without supply of material to seller

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