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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Additions on account of expenditure on speed-boat owned by the ...

Income Tax

December 14, 2018

Additions on account of expenditure on speed-boat owned by the assessee - the assessee has suo-moto disallowed 25% of the expenditure on estimated basis to account for personal element / usage - No further addition is required.

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