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No penalty just because assessee withdrew rebate claim during assessment which it had claimed inadvertently

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  • No penalty just because assessee withdrew rebate claim during assessment which it had claimed inadvertently
Posted onon December 26, 2017

Tenet Tax Daily December 23 2017

By tenettax-team
Corporate Tax

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Compensation received from ‘Coca Cola’ for breaching contract for bottling soft drinks was capital receipt: HC
No penalty if assessee got TP study done by an outside expert

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