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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Business expenditure u/s 37 - liquidated damage - breach of ...

Income Tax

September 19, 2017

Business expenditure u/s 37 - liquidated damage - breach of contract terms - Expenditure was not incurred for any purpose which is an offence or which is prohibited by law - cannot be disallowed - HC

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