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Valuation of preference shares issued at premium to be conducted as per prescribed guidelines – matter remanded by ITAT
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Corporate Tax
Valuation of preference shares issued at premium to be conducted as per prescribed guidelines – matter remanded by ITAT
Posted on
on
July 26, 2019
Tenet Tax Daily July 26 2019
By
tenettax-team
Corporate Tax
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Sec. 69C additions upheld by HC since assessee failed to prove nature of expenditure incurred through credit cards
Cash available with assessee not disclosed in ITR does not automatically call for reassessment
