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Sale of products while developing special skills in women wasn’t commercial activity by trust

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Posted onon August 28, 2015

Tenet Tax Daily August 28 2015

By tenettax-team
Corporate Tax

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Penalty for delay in filing TDS return to be levied from date of deposit of TDS instead of due date of filing return
Even if advance forfeited by supplier wasn’t allowable as bad-debt, yet it could be considered as business loss

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