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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Disallowance of revenue expenditure - Non commencement of ...

Case Laws     Income Tax

September 13, 2013

Disallowance of revenue expenditure - Non commencement of business - When that happened, the revenue is taking a stand that there should be flow of revenue on supply of water and only then it can be said that the business of the Assessee has been set up. - stand of revenue cannot be accepted - AT

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