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Income Tax - Highlights / Catch Notes

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Invoke Section 12AA for cancellation of registration - BMW car - ...

Income Tax

July 31, 2017

Invoke Section 12AA for cancellation of registration - BMW car - it was stated that though the said car was purchased in the name of a Trustee, it was used for the purpose of trust only and the deduction of the same which was disallowed, has been allowed by the lower authorities - No cancellation - HC

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