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Income Tax - Highlights / Catch Notes

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Addition of disallowance u/s 14A to the book profit computed u/s ...

Income Tax

May 4, 2013

Addition of disallowance u/s 14A to the book profit computed u/s 115JB - Unless a particular expenditure is debited to the P&L A/c relating to the earning of exempt income, the same cannot be imported into the computation of book profit - AT

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