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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Reopening of assessment - payment made towards Tanker Hire ...

Income Tax

April 21, 2017

Reopening of assessment - payment made towards Tanker Hire Charges in foreign currency on cash basis - the grounds on which the assessment is sought to be reopened is that the interest was paid to the banks situated in India. However, the same is factually not correct. - HC

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