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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Failure to audit accounts u/s 44AB – the contention that the ...


Court Accepts Fiduciary Capacity Argument, Exempts Receipts from Section 44AB Audit Requirements of Income Tax Act.

May 22, 2014

Case Laws     Income Tax     AT

Failure to audit accounts u/s 44AB – the contention that the receipts which was received by him was received in a fiduciary capacity which did not belong to him is acceptable - AT

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