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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Provision for Liquidated Damages - in the absence of any record ...

Income Tax

November 4, 2013

Provision for Liquidated Damages - in the absence of any record maintained on the claim raised by the assessee, the CIT(A) had rightly held that the liability in question was an unascertained one and not allowable - AT

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