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Mere transfer of an amount from subsidy account to partner’s capital account wouldn’t make it liable to tax
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Corporate Tax
Mere transfer of an amount from subsidy account to partner’s capital account wouldn’t make it liable to tax
Posted on
on
March 22, 2014
Tenet Tax Daily March 21 2014
By
tenettax-team
Corporate Tax
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Advertising agency isn’t taxable on its advertisement receipts till it appears before public; ITAT relies on AS-9
Additional claim can be made only by filing a revised return and not by filing a revised computation
