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Income Tax - Highlights / Catch Notes

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Addition u/s 40A(2)(b) - assessee made payments of commission to ...

Income Tax

April 7, 2018

Addition u/s 40A(2)(b) - assessee made payments of commission to his two sons - disallowance of entire expenditure as excessive and unreasonable - AO did not apply his mind to make out the applicability of provisions of section 40A(ia) of the Act properly. - AT

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