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Income Tax - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Re opening of assessment - it is hard pressed to imagine as to ...


Court Rules Free Reserves and Surpluses Are Part of Shareholders' Equity in Assessment Reopening Case.

May 17, 2013

Case Laws     Income Tax     HC

Re opening of assessment - it is hard pressed to imagine as to how free reserves and surpluses of a company can be considered anything but as part of shareholders funds. - HC

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