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New undertaking won’t be treated as existing one due to common management or accounts; sec. 10A relief available

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  • New undertaking won’t be treated as existing one due to common management or accounts; sec. 10A relief available
Posted onon December 10, 2014

Tenet Tax Daily December 10 2014

By tenettax-team
Corporate Tax

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Advances disclosed in returns and subsequently adjusted against sales couldn’t be deemed as undisclosed income
Sum received by international news agency on distribution of news and related photos in India is royalty

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