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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Cash payments made to Royal Calcutta Turf Club u/s. 40A(3) - ...

Income Tax

September 17, 2019

Cash payments made to Royal Calcutta Turf Club u/s. 40A(3) - payment of operational expenses in relation to Horse Race - disallowance provision does not apply in case of overwhelming genuine payments coupled with business exigencies which may go beyond the prescribed rule 6DD - AT

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