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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Disallowance of interest being prior period - Since assessee ...


Interest Claim Denied as Prior Period Expense Under Mercantile Accounting; Assessee's Accounts Audited.

April 3, 2014

Case Laws     Income Tax     AT

Disallowance of interest being prior period - Since assessee follows mercantile system of accounting and accounts are audited, claim disallowed - AT

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