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Rejection of interest waiver application justified if tax payment was delayed by 14 yrs without genuine hardship
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Corporate Tax
Rejection of interest waiver application justified if tax payment was delayed by 14 yrs without genuine hardship
Posted on
on
June 7, 2018
Tenet Tax Daily May 30 2018
By
tenettax-team
Corporate Tax
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Penalty proceedings couldn’t be initiated if assessment proceedings weren’t pending before AO
Exp. incurred on acquiring licenses to use software which didn’t confer any enduring right was allowable exp.
