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Waiver of interest could be denied on basis of CBDT’s order without considering previously issue notification

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  • Waiver of interest could be denied on basis of CBDT’s order without considering previously issue notification
Posted onon March 26, 2016

Tenet Tax Daily March 23 2016

By tenettax-team
Corporate Tax

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SetCom wasn’t required to adjudicate Commissioner’s objection that full and true disclosure wasn’t made by assessee
Public issue exp. disallowed by HC as amount raised through such issue wasn’t spent for capital expansion

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