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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Excessive payment made to persons specified in section 13(3) - ...


Assessing Officer wrongly disallowed two-thirds of remuneration for charitable society members u/s 13(3) of Income Tax Act. (3.

March 7, 2015

Case Laws     Income Tax     AT

Excessive payment made to persons specified in section 13(3) - charitable society - AO was not justified in disallowing 2/3rd of the expenditure incurred in the remuneration of the four persons u/s 40A(ii)(b) of the Act. - AT

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