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Income Tax - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Excise Duty refund is to be treated as ‘capital receipt’ in the ...


Excise Duty Refund Recognized as Non-Taxable Capital Receipt for Assessee.

November 6, 2012

Case Laws     Income Tax     AT

Excise Duty refund is to be treated as ‘capital receipt’ in the hands of the assessee and not liable to be taxed. - AT

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