TMI BlogIncome taxable under section 28(iv) – amalgamation - treatment of sum transferred by the assessee to its...Income taxable under section 28(iv) – amalgamation - treatment of sum transferred by the assessee to its General Reserve - not in the nature of any benefit or perquisite and thus, not taxable u/s 28(iv) of the Income-tax Act, 1961. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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