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Income Tax - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Deferred brokerage expenditure - Addition made as assessee has ...

Income Tax

November 15, 2021

Deferred brokerage expenditure - Addition made as assessee has not debited such expenditure in its P & L Act. - the expenditure incurred on brokerage is to be allowed in full in the impugned assessment year, as deferral of the same over a number of years for income tax purposes is not sustainable - AT

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