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Indian Laws - Highlights / Catch Notes

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Deduction under section 33AB is allowable against composite ...


Tea Companies' Income Deduction u/s 33AB Applies to Full Income, Not Just 40%, Reducing Litigation.

October 7, 2011

Articles     Indian Laws

Deduction under section 33AB is allowable against composite income and not against only 40% of composite income- A case of un-necessary litigation by revenue in case of Tea Companies . - Article

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