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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

In view of the provisions of section 43B, Excise duty/customs ...


Excise and customs duties are deductible in the same accounting year if paid u/s 43B.

July 1, 2016

Case Laws     Income Tax     HC

In view of the provisions of section 43B, Excise duty/customs duty paid by the assessee in a particular accounting year is allowable as deduction in such year

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