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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Benefit of deduction under section 80P(2)(a)(vi) denied - ...

Income Tax

September 11, 2015

Benefit of deduction under section 80P(2)(a)(vi) denied - income of the society has nothing to do with the collective disposal of the labour of its members, but is entirely from out of the price realised by it for the sale of toddy through the society's own toddy shops - No deduction - HC

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