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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40(a)(i) - Payments made for technical know-how ...

Income Tax

January 21, 2013

Disallowance u/s 40(a)(i) - Payments made for technical know-how which had been capitalized, no TDS has been deducted thereon - no reason to disallow depreciation on such capitalized amount - HC

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