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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Treating compensation income as operating income for PLI ...

Income Tax

July 13, 2019

Treating compensation income as operating income for PLI calculation - compensation income has arisen during regular conduct of operation of the business, this income cannot be considered to be one time income to justify its exclusion on the ground of extraordinary income - part of PLI calculation

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