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Income Tax - Highlights / Catch Notes

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Hire Purchase Finance charges - whether should be assessable to ...

Income Tax

March 27, 2015

Hire Purchase Finance charges - whether should be assessable to tax on sum of Digits basis as against Equated Monthly Instalments basis regularly followed by the Appellant? - EMI method followed by the assessee for the purpose of tax did not show any suppression of income - HC

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