Exemption for examination-related services rejected where recipients were commercial entities; suppression sustained extended limitation and penalties...
Actual loss due to cancellation of contract - arbitration proceedings are pending - allowable in year of loss however in conclusion of the arbitration proceedings, the assessee receives any amount it could be adjusted in the loss of that year
Actual loss due to cancellation of contract - arbitration proceedings are pending - allowable in year of loss however in conclusion of the arbitration proceedings, the assessee receives any amount it could be adjusted in the loss of that year
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