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HC deletes penalty for late issuance of TDS certificate as deductor was unaware of frequent amendments in Rule 31

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  • HC deletes penalty for late issuance of TDS certificate as deductor was unaware of frequent amendments in Rule 31
Posted onon January 8, 2015

Tenet Tax Daily January 08 2015

By tenettax-team
Corporate Tax

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Interest paid for acquiring property other than self occupied one would be deductible without any limit
Additions upheld for cash credits as identity and creditworthiness of share applicants were doubtful

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