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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Adjustment on account of outstanding trade receivables - delay ...

Income Tax

April 11, 2019

Adjustment on account of outstanding trade receivables - delay in payment by AE - outstanding trade receivables beyond reasonable period will come under international transactions as per Amended Section 92B - directed TPO to determine the industry average or average of collection period

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