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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Labour charges paid to the female relatives of the directors ...

Income Tax

January 14, 2015

Labour charges paid to the female relatives of the directors disallowed u/s 40A(2)(b) - there was no finding the effect that the labour charges paid were in excess of the fair market charges - expenses allowed - HC

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