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Penalty leviable if assessee didn’t add back depreciation charged under Companies Act in computation of income

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  • Penalty leviable if assessee didn’t add back depreciation charged under Companies Act in computation of income
Posted onon April 24, 2015

Tenet Tax Daily April 23 2015

By tenettax-team
Corporate Tax

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No disallowance for cash payment for purchase of gold bars held as investment – ITAT
Timely service of sec. 143(2) notice is mandatory and not only a mere procedural requirement

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