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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Surplus arising on prepayment of deferred sales tax loan at net ...

Income Tax

June 25, 2020

Surplus arising on prepayment of deferred sales tax loan at net present value (NPV) - Whether a capital receipt which cannot be termed as remission on cessation of a trading liability under section 41(1)? - Held Yes

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