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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Non accounting of capital receipt, which is otherwise not ...


Capital Receipt Not Taxable: No Immediate Tax Implications; No Addition Needed Under Relevant Act Provisions.

November 11, 2014

Case Laws     Income Tax     AT

Non accounting of capital receipt, which is otherwise not taxable in pursuance of the provisions of the Act, may not have any immediate implication so far taxation is concerned - No addition - AT

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