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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Prior period expenditure - Assessee cannot be allowed to claim ...

Case Laws     Income Tax

March 25, 2014

Prior period expenditure - Assessee cannot be allowed to claim such expenditure as revenue expenses which is claimed to have been incurred to safeguard the long term interest of the assessee, which remains unsubstantiated - AT

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