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HC upheld disallowance of commission as assessee failed to prove nature of services rendered by sub-agents

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  • HC upheld disallowance of commission as assessee failed to prove nature of services rendered by sub-agents
Posted onon July 28, 2014

Tenet Tax Daily July 28 2014

By tenettax-team
Corporate Tax

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HC dismissed writ as appellant-bank had alternate remedy of filing an appeal on charges of sec. 194A TDS default
No penalty or prosecution if return was voluntarily filed in good faith prior to detection of concealment

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