TMI BlogPrior period expenditure - recognition on the basis of finalization of negotiations - deduction is not...Prior period expenditure - recognition on the basis of finalization of negotiations - deduction is not permissible in assessment year 2007-08, but, it is permissible in assessment year 2006-07 - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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