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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Sum received as written off amount – Cessation of liability or ...

Income Tax

October 29, 2014

Sum received as written off amount – Cessation of liability or not - the balance amount of deposit which was not repaid under the arrangement, did not constitute an income and therefore, the assessee is not liable to pay any tax under the context - HC

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