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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Addition made u/s 36(1)(iii) of the Act – The expenditure may ...

Case Laws     Income Tax

January 19, 2014

Addition made u/s 36(1)(iii) of the Act – The expenditure may not have been incurred under any legal obligation, but yet it is allowable as business, expenditure if it, was incurred on grounds of commercial expediency - AT

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