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HC justified levy of concealment penalty as assessee had claimed dep. on non-existing assets
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Corporate Tax
HC justified levy of concealment penalty as assessee had claimed dep. on non-existing assets
Posted on
on
June 5, 2018
Tenet Tax Daily May 26 2018
By
tenettax-team
Corporate Tax
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Sale proceeds taxable as business income if assessee failed to prove that shares were kept as investments
Exp. incurred to upgrade computer software which brought efficiency in business was revenue in nature
