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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Reduction of addition made by the AO by CIT(A) - the reasoning ...


Tax Commissioner Reduces Addition Due to Document Theft; Department Challenges Timing and Validity of Reasoning.

July 5, 2012

Case Laws     Income Tax     AT

Reduction of addition made by the AO by CIT(A) - the reasoning given by the CIT(A) namely that the documents were lost in theft in the face of the departmental objection that the theft took place subsequently may not be relevant reasoning - AT

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