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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Suppression of profit -project was not completed - Once the ...


Project Incompletion Suppresses Profit; Income Not Assessable, Rendering Quantum Determination Academic Exercise.

June 15, 2015

Case Laws     Income Tax     AT

Suppression of profit -project was not completed - Once the income is not assessable, the question of determination of quantum of income from the said project is only academic - AT

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