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No Sec. 12A registration as trust intended to distribute properties acquired from Grants amongst private members
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Corporate Tax
No Sec. 12A registration as trust intended to distribute properties acquired from Grants amongst private members
Posted on
on
January 21, 2019
Tenet Tax Daily January 21 2019
By
tenettax-team
Corporate Tax
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ITAT remanded matter to examine whether payment made for acquiring software licence was royalty
Reassessment justified as assessee didn’t file relevant details related to huge advance made to one party
