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License fee paid by Hotel for using courtyard of a palace for its business was allowable as revenue expenditure
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Corporate Tax
License fee paid by Hotel for using courtyard of a palace for its business was allowable as revenue expenditure
Posted on
on
September 1, 2014
Tenet Tax Daily August 29 2014
By
tenettax-team
Corporate Tax
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AO couldn’t bypass directions of DRP to tax receipts for services rendered abroad in his own way
Additions on basis of info extracted from loose paper found in search proceedings of third party set aside
