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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

In the absence of source and nature of expenditure, the receipt ...

Case Laws     Income Tax

March 31, 2014

In the absence of source and nature of expenditure, the receipt is to be considered as trading receipt and income on this is to be estimated, as the assessee estimated on other receipts, at 25% - AT

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