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Income Tax - Highlights / Catch Notes

Home Highlights September 2011 Year 2011 This

IT - Concept of Mutuality - Provisions of Section 44A starts ...


Section 44A: Unique Tax Exemption for Mutual Entities' Member Transactions, Stands Independently in Tax Law Interpretation.

September 22, 2011

Case Laws     Income Tax     AT

IT - Concept of Mutuality - Provisions of Section 44A starts with non-obstante clause and therefore to be read independent to other provisions

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