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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Accrual of expenses - The provision of LTC encashment provided ...


LTC Encashment per AS-15 is a Tax-Deductible Expense for Companies' Profits.

February 4, 2013

Case Laws     Income Tax     AT

Accrual of expenses - The provision of LTC encashment provided by the assessee in its books of accounts on the basis of AS-15, was a deductible amount from the profits of the company - AT

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