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Income Tax - Highlights / Catch Notes

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Claim of deduction u/s 40(b) - amount surrendered in the course ...

Income Tax

January 27, 2018

Claim of deduction u/s 40(b) - amount surrendered in the course of survey U/s. 133A - working out the salary paid to the partner in terms of section 40(b) - The character of the income does not change dependent upon the section to be applied - claim allowed - HC

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