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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Registration under section 10(23AAA) rejected - On close ...

Income Tax

January 31, 2015

Registration under section 10(23AAA) rejected - On close scrutiny of word "contribution", it presupposes the contribution of employee is mandatory and other contribution by the employer in any form is acceptable. - Commissioner has wrongly interpreted Rule 16(C) of the Income Tax Rules - HC

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