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Income Tax - Highlights / Catch Notes

Home Highlights March 2012 Year 2012 This

Expenditure incurred on closure of business of manufacturing ...

Income Tax

March 2, 2012

Expenditure incurred on closure of business of manufacturing activity - since the assessee had been doing other business activity also, namely, 'trading' it could not be said that the assessee had closed its business. - HC

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