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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Deduction under section 10B - merger of the firm - As long as ...


Firm Merger Doesn't Affect Undertakings' Eligibility for Deductions u/s 10B, If Undertakings Remain Eligible.

March 14, 2014

Case Laws     Income Tax     AT

Deduction under section 10B - merger of the firm - As long as the undertakings are eligible for deduction u/s 10B - the merger of the firm with the assessee does not alter the status of the undertakings - AT

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