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Income Tax - Highlights / Catch Notes

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Disallowance u/s. 36(1)(viia) - advances from their Rural ...

Income Tax

March 16, 2013

Disallowance u/s. 36(1)(viia) - advances from their Rural Branches - deduction u/s 36(1)(viia) is to be allowed only on the amount of provision made for bad and doubtful debts subject to the maximum on the basis of rural advances/ income prescribed under that section - AT

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