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Income Tax - Highlights / Catch Notes

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Disallowance made on account of Cess payable on Green Leaf - ...

Income Tax

March 17, 2015

Disallowance made on account of Cess payable on Green Leaf - When by fiction the income is computed as an income under the Act, all deductions as are available both for the agricultural component and for the business component of the income are to be allowed as a natural corollary - AT

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