TMI BlogReassessment u/s 147 Upheld: Income Escapement and Construction Costs Ruling Favors Revenue Authorities.Validity of reassessment u/s 147 of the Act – Income escapement – Computation of cost of construction - inclusion of cost towards common area - excess claim of expenditure - decided in favor of revenue - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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