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Income Tax - Highlights / Catch Notes

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Disallowance of kist payment (lease rent) - prior period item - ...

Income Tax

October 21, 2016

Disallowance of kist payment (lease rent) - prior period item - Kist payment for the previous period - It is not the case of the department that this method of accounting of kist payment on cash basis is not consistently followed by the assessee - claim of expenditure allowed - AT

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