Disallowance of expenditure having regard to fair market value

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..... ECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX Disallowance of expenditure having regard to fair market value. 115. (1) A person shall not be allowed a deduction under this Code in respect of .....

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..... ices or facilities for which the payment is made; (ii) the legitimate needs of the business of the person; or (iii) the benefit derived by, or accruing to, the person the .....

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