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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Disallowance of exploration expenses pertaining to Pranhita ...


Exploration expenses for Pranhita Godavari Block deemed allowable under Income Tax Act Section 42(1)(a).

November 27, 2018

Case Laws     Income Tax     AT

Disallowance of exploration expenses pertaining to Pranhita Godavari (PG) Block - the unsuccessful oil exploration expenses is allowable u/s 42(1)(a)

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