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ITAT remanded matter relating to allowing exp. incurred on education of grandson of directors of co.

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  • ITAT remanded matter relating to allowing exp. incurred on education of grandson of directors of co.
Posted onon December 28, 2018

Tenet Tax Daily December 22 2018

By tenettax-team
Corporate Tax

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Obligation to verify & submit ITR on behalf of co. does not lie on Managing Director only:HC
It isn’t mandatory for assessee to set off business loss against capital gains as per sec. 71

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