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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Disallowance of Prior Period Expenses - if the prior period ...

Income Tax

July 30, 2015

Disallowance of Prior Period Expenses - if the prior period expenditure is disallowed on the ground that it does not pertain to this year, the assessing officer cannot blow hot and cold and accept the prior period income as pertaining to this year. - AT

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