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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Computation of MAT - Book profit - amounts appropriated u/s ...

Case Laws     Income Tax

February 16, 2015

Computation of MAT - Book profit - amounts appropriated u/s 45-IC of the RBI Act to special reserve and Debt Redemption Reserve was not on account of specific or known liability to repay. It is not the case of charge on profits - additions confirmed - HC

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