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Income Tax - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Tax an 50% of the money forfeited by assessee from the defaulted ...

Case Laws     Income Tax

May 1, 2013

Tax an 50% of the money forfeited by assessee from the defaulted members - Had AO excluded the amount offered during the year on the same principles in which he brought the balance 50% of the amount to tax, there could have been some justification in the action of AO - AT

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