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Sec. 234B interest leviable if advance tax liability arose due to additions made towards explained investment

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  • Sec. 234B interest leviable if advance tax liability arose due to additions made towards explained investment
Posted onon January 24, 2019

Tenet Tax Daily January 24 2019

By tenettax-team
Corporate Tax

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Appeal to be admitted if defect of non-payment of tax is removed by assessee later on
HC justified 50% disallowance as assessee failed to prove that promotion exp. was incurred for business purpose

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