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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

Exemption u/s Section 10-A - conversion of a proprietorship ...


Income Tax Act Section 10-A: Tax Exemption Stays with Business, Not Owner, Even After Ownership Change.

May 15, 2012

Case Laws     Income Tax     HC

Exemption u/s Section 10-A - conversion of a proprietorship concern into partnership firm - benefit is attached to the undertaking and not to owner thereof

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