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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Allowability of development expenses incurred in respect of land ...


Assessee challenged over unproven cash payments for removing encroachments from sold land, raising questions about development expenses.

December 5, 2016

Case Laws     Income Tax     AT

Allowability of development expenses incurred in respect of land sold - assessee failed to prove that the said charges was paid for removal of encroachments have been paid in cash - AT

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