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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Diversion of Listing fee - transfer to Investor Protection ...

Income Tax

February 16, 2015

Diversion of Listing fee - transfer to Investor Protection Reserve, etc. - the accounting treatment adopted by the assessee to transfer the amount directly from listing fee receipts would not make the same as diversion of income by overriding title at the source - addition confirmed - AT

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