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Sec. 41(1) couldn’t be invoked in respect of conversion of advance received from parent co. into capital

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  • Sec. 41(1) couldn’t be invoked in respect of conversion of advance received from parent co. into capital
Posted onon October 6, 2017

Tenet Tax Daily October 06 2017

By tenettax-team
Corporate Tax

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Rectification order by ITAT didn’t require interference if revenue went into details of case in course of hearing
Reassessment order couldn’t be held invalid merely because AO had failed to mention sec. 143(2) in notice: HC

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