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No reassessment when info on concealed income was already existing at time of assessment

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  • No reassessment when info on concealed income was already existing at time of assessment
Posted onon October 20, 2015

Tenet Tax Daily October 15 2015

By tenettax-team
Corporate Tax

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Even payment made under oral contract would attract TDS under sec. 194C
Prior to 1-6-2013 developer wasn’t liable to TDS on purchase of property from NR due to non-discrimination clause

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