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No. denial of Sec. 35 deduction due to cancellation of research institution approval retrospectively

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  • No. denial of Sec. 35 deduction due to cancellation of research institution approval retrospectively
Posted onon August 12, 2017

Tenet Tax Daily August 01 2017

By tenettax-team
Corporate Tax

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Time take to upgrade rig to make it ready to use should be considered to determine PE status
Concealment penalty was justified as confiscated cash was disclosed in return after issuance of scrutiny notice

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