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No sec. 10(23C) exemption to a profitable venture which was making huge profits year after year

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  • No sec. 10(23C) exemption to a profitable venture which was making huge profits year after year
Posted onon September 6, 2018

Tenet Tax Daily August 31 2018

By tenettax-team
Corporate Tax

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CIT wasn’t required to give hearing opportunity to assessee before giving approval for assessment in search cases
No denial of sec. 35 deduction if approval to scientific research society was cancelled with retro-effect

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