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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Deduction on account of washout charges - cancellation of ...

Income Tax

November 2, 2019

Deduction on account of washout charges - cancellation of expired contract - The permission had been awarded by the RBI, consequent to which only the assessee made the payment to LD Asia. - Claim of deduction allowed.

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