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Provision for doubtful debt couldn’t be added while computing book profit for MAT calculation: ITAT

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  • Provision for doubtful debt couldn’t be added while computing book profit for MAT calculation: ITAT
Posted onon June 20, 2018

Tenet Tax Daily June 20 2018

By tenettax-team
Corporate Tax

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ITAT rejected revisional application as all grounds related to order passed by CIT had been properly dealt with
No sec. 69C additions if sum towards purchase of paintings was paid through proper banking channel

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