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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Unascertained liability - Assessee has deducted the tax during ...

Case Laws     Income Tax

August 21, 2013

Unascertained liability - Assessee has deducted the tax during the previous year relevant to the assessment year in question, the conditionality of Section 40(a)(i) stands satisfied - Royalty as claimed by the Assessee-Respondent was unascertained liability, has been found to be incorrect - HC

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