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Reopening an assessment under Section 148 not allowed under pertext of “protective assessment”

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  • Reopening an assessment under Section 148 not allowed under pertext of “protective assessment”
Posted onon August 9, 2013

Tenet Tax Daily August 09, 2013

By tenettax-team
Corporate Tax

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Expenditure incurred to defend directors arrested for narcotics offence not an allowable business expenditure
ESOP relating only to service rendered in India taxable in India

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