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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Revision u/s 263 - when assessee company made a bogus claim of ...

Income Tax

April 14, 2015

Revision u/s 263 - when assessee company made a bogus claim of expenditure then the assessee cannot avail immunity from tax liability by stating that the impugned amount of expenditure claim has been taxed in the hands of respective payee companies. - AT

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