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No Jurisdiction for notice under section 226(3) on an escrow agent who did not hold any amount on account of the assessee

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  • No Jurisdiction for notice under section 226(3) on an escrow agent who did not hold any amount on account of the assessee
Posted onon September 23, 2013

Tenet Tax Daily September 23 2013

By tenettax-team
Corporate Tax

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Subscription fee for a research product of a foreign company amounted to royalty
Reasons recorder for reassessment should have a nexus with reassessment order passed

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