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No sec. 14A disallowance unless there is receipt of exempt income during the year

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  • No sec. 14A disallowance unless there is receipt of exempt income during the year
Posted onon February 18, 2019

Tenet Tax Daily February 06 2019

By tenettax-team
Corporate Tax

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SetCom application not allowable as assessee clubbed diff. shareholdings to demonstrate substantial interest;
No sec. 54F relief on cost of land of newly constructed house if it was purchased 1 year before sale of capital asset

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