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No sec. 263 revision merely on ground that AO didn’t refer matter to DVO for valuation of property
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Corporate Tax
No sec. 263 revision merely on ground that AO didn’t refer matter to DVO for valuation of property
Posted on
on
February 18, 2019
Tenet Tax Daily February 14 2019
By
tenettax-team
Corporate Tax
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ITAT justified reassessment as Foreign Co. had failed to disclose revenue earned from its PE in India
No concealment penalty just because co. treated loss on sale of assets as capital loss
