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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Addition u/s 40A - payment towards electricity charges in cash ...

Income Tax

February 7, 2020

Addition u/s 40A - payment towards electricity charges in cash to the Ajmer Vidyut Nigam Limited (AVVNL) exceeding permissible limits - the genuineness of the transactions and it being free from vice of any device of evasion of tax is relevant consideration - No additions

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