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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Claim of expenditure - proof of commencement of business ...


Business Operational for Tax Deductions Without Income Proof; Initiation of Activities Suffices Under Tax Rules.

June 8, 2018

Case Laws     Income Tax     AT

Claim of expenditure - proof of commencement of business activity - earning of income during the year is not a prerequisite for coming to the conclusion that business is in fact carried on during the year

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