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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Disallowance of expenditure of “Additional discount/rate ...

Income Tax

September 5, 2015

Disallowance of expenditure of “Additional discount/rate difference” - appellant has not furnished any evidence to support its claim - Since the payments were withheld the assessee could have claimed as a bad debt, which was not done - No allowance - AT

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