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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Disallowance of interest - reference to section 179 - The ...

Income Tax

September 22, 2017

Disallowance of interest - reference to section 179 - The legislature has also recognised, that the doctrine of lifting of veil in the matter of tax dues is to be applied to prevent fraud etc. and not where the company has suffered despite its normal bona fide function. - HC

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