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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Accrual of income - Income from advance license benefit - income ...


Income from Advance License Benefits Accrues in Import Year, Not Export Year, Clarifies Regulation.

December 9, 2014

Case Laws     Income Tax     HC

Accrual of income - Income from advance license benefit - income does not accrue in the year of export but in the year in which the imports are made - HC

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