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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Accrual of income - non realization of ‘Provision for surcharge’ ...

Income Tax

October 26, 2018

Accrual of income - non realization of ‘Provision for surcharge’ - even though the assessee has been following mercantile system of accounting, since it is not real income, not chargeable to tax.

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