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Income Tax - Highlights / Catch Notes

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Disallowance of repayment of gold loan to SBI - As the payment ...

Income Tax

July 27, 2015

Disallowance of repayment of gold loan to SBI - As the payment has to be made by assessee company on the basis of market value of the gold on the date of closure of account, excess expenditure incurred on such date of payment is allowable expenditure - AT

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