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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Expenditure incurred towards levy by EU Commission - whether ...

Income Tax

November 18, 2019

Expenditure incurred towards levy by EU Commission - whether incurred for the purpose of carrying on its business - What has to be disallowed under Explanation 1 to Sec.37(1) is a payment made, for contravention of laws in force in India and not of any foreign country.

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