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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Addition u/s 41(1) - remission or cessation - rents collected ...

Income Tax

April 5, 2019

Addition u/s 41(1) - remission or cessation - rents collected from its customers - once the Assessee had enjoyed the collected amounts as its income without paying it to the Chennai Port Trust, they were under obligation to be taxed u/s 41(1)

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