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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Capital receipt or Revenue receipt - Entertainment tax subsidy - ...

Case Laws     Income Tax

August 21, 2013

Capital receipt or Revenue receipt - Entertainment tax subsidy - there was no obligation on assessee to utilize it for any specific purpose will not be hit by Explanation 10 to Sec. 43(1) - AT

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