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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Method of Assessment – Once the assessee recognised the income ...


Commissioner Can't Alter Assessee's Income Assessment Based on Supplementary Agreements or Delay Claims.

January 24, 2014

Case Laws     Income Tax     AT

Method of Assessment – Once the assessee recognised the income in accordance with the supplementary agreements, the CIT(A) cannot substitute his assessment to say that the assessee has postponed the tax liability - AT

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