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Income Tax - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Disallowance u/s 40A(2). - it is upon the assessee to decide ...

Case Laws     Income Tax

November 8, 2011

Disallowance u/s 40A(2). - it is upon the assessee to decide what expenses are to be incurred or what is required for business purposes and it is not open to the Revenue to prescribe as to what expenses are to be incurred by the assessee.... - AT

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