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Retro amendment akin to double edged sword; HC permits rectification and reopening of assessment
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Corporate Tax
Retro amendment akin to double edged sword; HC permits rectification and reopening of assessment
Posted on
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December 10, 2013
December 10, 2013
By
tenettax-team
Corporate Tax
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Payment of self-assessment tax instantly on detection of default saves assessee from clutches of penalty
TP adjustment restricting transactions with AEs only and excluding transaction with non-AEs set aside
