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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Addition made on account of performance related pay provisions ...

Income Tax

October 5, 2015

Addition made on account of performance related pay provisions to directors and staff - ascertained liability - there is no reason for disallowing the expenses claimed regarding payment of PRP to the Director since records of the assessee show that they are bonafide expenses which was crystallised. - AT

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