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Sec. 43B does not disallow an expense which has not been claimed in the return by the assessee
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Corporate Tax
Sec. 43B does not disallow an expense which has not been claimed in the return by the assessee
Posted on
on
August 21, 2013
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tenettax-team
Corporate Tax
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Payment made for purchase of copyrighted software couldn’t be deemed as royalty
No penalty for Concealment if mistake was bona fide and rectified prior to initiation of assessment
