Deduction - no income or receipt was shown - In case the ...

Income Tax

June 3, 2012

Deduction - no income or receipt was shown - In case the assessee incurs expenditure to buy and utilize space segment on a satellite for providing the qualifying services, the expenditure incurred cannot be disallowed and no notional income can be computed or reduced from the income earned from the qualifying service. - HC

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Deduction - no income or receipt was shown - In case the ...

Income Tax

June 3, 2012

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