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Income Tax - Highlights / Catch Notes

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Incentive bonus - Perquisites - The expenses incurred in the ...

Income Tax

August 9, 2013

Incentive bonus - Perquisites - The expenses incurred in the performance of duty as Development Officer for generating the business so as to make him eligible for the incentive bonus is not a permissible deduction and, hence, the same is exigible to tax - SC

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