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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Claim of deduction towards rent for the entire period between ...


Claim for Rent Expense Deductions from 1990-1997 Lacks Evidence of Established Liability During That Period.

March 5, 2014

Case Laws     Income Tax     HC

Claim of deduction towards rent for the entire period between 1990 to 1997 – There is nothing on the record to suggest that liability for such prior period expenses crystallized during the said period - HC

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