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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Penalty u/s 271D - directors withdrawing from the capital ...

Income Tax

February 27, 2014

Penalty u/s 271D - directors withdrawing from the capital account in their respective proprietary concerns for the purpose of construction of building and purchase of machinery of the new company, cannot be treated as a loan or deposit as contemplated u/s 269SS - AT

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