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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Allowance of expenditure – AO ignored the very fact that there ...


AO Mistakes Temporary Business Lull for Cessation, Expenditure During This Period Allowed.

July 3, 2013

Case Laws     Income Tax     AT

Allowance of expenditure – AO ignored the very fact that there was a temporary lull in the business of the assessee and it was not a cessation of business of activity - expenditure allowed - AT

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