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Income Tax - Highlights / Catch Notes

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Explanation to section 73 only provides for a deeming fiction in ...

Case Laws     Income Tax

October 8, 2013

Explanation to section 73 only provides for a deeming fiction in certain circumstances where the assessee would be deemed to be carrying on a speculation business. Such deeming fiction would not apply in situations not covered u/s 73 - HC

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