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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Taxability on the Settlement Amount payable under the ...

Income Tax

August 30, 2012

Taxability on the Settlement Amount payable under the Stipulation pursuant to the judgment and Final approval of the US Court - applicant is required to deduct income-tax @ 30% when the settlement amount moves from the segregated account to the initial escrow account. - AAR

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