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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Addition invoking the provisions of section 43CA - agreement to ...

Income Tax

September 21, 2018

Addition invoking the provisions of section 43CA - agreement to sell entered into much prior to the date when provision came into effect - there is no way the assessee would have foreseen these provisions at the time of entering into the agreement to sell that it has to receive the consideration only by any mode other than cash.

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