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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Since the disclosure made during the survey is on account of ...


Business Income Disclosure Affects Section 40(b) Deductions for Partners' Remuneration: Key Implications Explained.

November 6, 2013

Case Laws     Income Tax     AT

Since the disclosure made during the survey is on account of business income, the same cannot be excluded for applying section 40(b) to compute allowable deduction in respect of partners remuneration - AT

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