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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Penalty u/s 271(1)(c) - there was no doubt on the issue that ...

Income Tax

April 18, 2015

Penalty u/s 271(1)(c) - there was no doubt on the issue that even when there is increase in the capital for the business of the company then also the expenditure would be capital in nature - penalty confirmed for wrong claim as revenue expenditure - AT

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