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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Allowance of arbitration award as expenditure – prior period - ...

Case Laws     Income Tax

October 23, 2013

Allowance of arbitration award as expenditure – prior period - The award was passed on 20th July, 2006 and accounts were finalized and audited on 12th September, 2006 i.e. after the date of order - this can be allowed as an expenditure in year 07-08. - AT

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