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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Disallowance of service tax written off - the assessee could not ...

Income Tax

August 6, 2019

Disallowance of service tax written off - the assessee could not utilized the input tax credit on service tax paid for rent and at the end of year such amount was charged to the Profit & Loss Account - rental expenses gross of service tax is allowable as deduction u/s 37(1) hence write off allowable

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