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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Additions on the basis of credit entry in P&L Account – Excise ...

Case Laws     Income Tax

April 7, 2014

Additions on the basis of credit entry in P&L Account – Excise credit - in order to impress the bankers and to please the shareholders the aforesaid entry was passed into the profit and loss account - Since income not accrued, not taxable - HC

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