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No escape from penalty even if cash received in excess of Rs. 20,000 was deposited on same day in bank a/c
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Corporate Tax
No escape from penalty even if cash received in excess of Rs. 20,000 was deposited on same day in bank a/c
Posted on
on
March 19, 2019
Tenet Tax Daily March 18 2019
By
tenettax-team
Corporate Tax
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Interest on NPAs is taxable in the year of receipt only
Interest earned on FD out of money granted by Govt. for metro project isn’t taxable
