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HC justified reassessment as WDV of land shown in books of account was lesser than amount shown in ITR
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Corporate Tax
HC justified reassessment as WDV of land shown in books of account was lesser than amount shown in ITR
Posted on
on
February 24, 2018
Tenet Tax Daily February 16 2018
By
tenettax-team
Corporate Tax
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Failure to pass draft assessment order before passing final order would lead to withdrawal of demand proceedings
Retail method could be used for valuation when actual cost of product couldn’t be ascertained
