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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Disallowance of donation given to flood victim collected from ...

Income Tax

July 27, 2015

Disallowance of donation given to flood victim collected from the employees’ salaries - The assessee has not claimed any deduction as such from its business profit, the amount collected from the employees’ salaries does not involve element of income in the hands of assessee because the assessee has only acted as a facilitator - AT

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