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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IC - the counsel for the assessee was of the ...

Income Tax

March 17, 2016

Deduction u/s 80IC - the counsel for the assessee was of the bonafide belief that along with the claim of 80IC and 80I deduction, the Form 10CCB was not required since the accounts of the assessee are audited as per the statute. The assessee cannot be penalized for the bonafide mistake of the counsel - AT

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