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HC slams revenue for initiating reassessment at instance of audit party without recording his own reasons

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  • HC slams revenue for initiating reassessment at instance of audit party without recording his own reasons
Posted onon January 17, 2014

Tenet Tax Daily January 16, 2014

By tenettax-team
Corporate Tax

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Provision for gratuity and leave encashment not a contingent liability but deductible as business expense
Taxability under the Act becomes irrelevant if income earned by NR isn’t taxable in India as per DTAA

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