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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Additions u/s 41(1) - the remission of principle amount of loan ...

Income Tax

November 19, 2013

Additions u/s 41(1) - the remission of principle amount of loan obtained from bank and financial institution had not been claimed as expenditure or trading liability in any of the earlier year, hence, section 41(1) was not applicable - AT

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