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No sec. 68 additions if assessee duly produced returns of firms showing his profit share
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Corporate Tax
No sec. 68 additions if assessee duly produced returns of firms showing his profit share
Posted on
on
July 27, 2018
Tenet Tax Daily July 26 2018
By
tenettax-team
Corporate Tax
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Interest awarded on enhanced compensation paid for compulsory acquisition of agriculture land not taxable
Profit from investment held as capital gains in earlier years can’t be treated differently in subsequent year
