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‘Reason to believe’ isn’t required to be disclosed in case of search proceedings: SC

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  • ‘Reason to believe’ isn’t required to be disclosed in case of search proceedings: SC
Posted onon October 14, 2017

Tenet Tax Daily October 14 2017

By tenettax-team
Corporate Tax

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In absence of evidence, ITAT couldn’t allow 42% deduction from gross receipts towards non-receipt of fee
HC upheld penalty as assessee failed to prove that there was reasonable cause for not deducting TDS

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