Exemption u/s 10B - inflated profits - The Assessing Officer has ...

Income Tax

September 20, 2013

Exemption u/s 10B - inflated profits - The Assessing Officer has correctly worked out interest on capital and remuneration payable to partners and excluded them from the overall profits of business for working out the profits eligible for exemption u/s 10B of the Income-tax Act. - AT

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Exemption u/s 10B - inflated profits - The Assessing Officer has ...

Income Tax

September 20, 2013

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