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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Transfer of trading assets at cost price, the profit component ...

Income Tax

September 22, 2017

Transfer of trading assets at cost price, the profit component also stood transferred to the outgoing Directors, which otherwise belonged to the Company - the fact that AO has made the addition in the hands of the Directors would not make any difference - additions confirmed - HC

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