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Timely service of sec. 143(2) notice is mandatory and not only a mere procedural requirement

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  • Timely service of sec. 143(2) notice is mandatory and not only a mere procedural requirement
Posted onon April 24, 2015

Tenet Tax Daily April 24 2015

By tenettax-team
Corporate Tax

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Penalty leviable if assessee didn’t add back depreciation charged under Companies Act in computation of income
TP adjustment is to be made only in respect of purchases made from AE and not from unrelated parties

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