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Margin of a company having closing year other than of assessee not to be treated as comparable

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  • Margin of a company having closing year other than of assessee not to be treated as comparable
Posted onon June 7, 2017

Tenet Tax Daily June 06 2017

By tenettax-team
International Tax

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ITAT allowed deduction of warranty on actual as well as provisional basis as same wasn’t case of double deduction
ITAT remanded matter as assessee claimed that suo moto disallowance made u/s 14A was due to mistake

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