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Income Tax - Highlights / Catch Notes

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Addition of undisclosed investment - the valuation done by the ...

Income Tax

May 5, 2017

Addition of undisclosed investment - the valuation done by the DVO by adopting the CPWD rate instead of State PWD rates and not allowing 10% for self supervision is held as excessive. Further the period of construction adopted by the DVO was also not justified - AT

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