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Income Tax - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

When the assessee is not permitted to collect the sales tax ...

Case Laws     Income Tax

May 27, 2013

When the assessee is not permitted to collect the sales tax under the notification issued by the State Govt. the collection of sales tax as a part of dealers' price is nothing but constitutes a trading receipt. - AT

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