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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Reimbursement of the expenditure does not generate any income in ...

Income Tax

June 19, 2015

Reimbursement of the expenditure does not generate any income in the hands of the recipient and consequently there was no requirement of deduction of TDS and consequently the provisions of section 40(a)(ia) could not be invoked - AT

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