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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Revision u/s 263 - assessee claimed deduction as loan written ...

Income Tax

December 31, 2018

Revision u/s 263 - assessee claimed deduction as loan written back under OTS scheme, considering it as “ capital receipt” not liable to tax - the order directing the A.O. to carry through proper enquiry cannot be said to be liable to be set aside.

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