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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Disallowance to deduct the cost and expenditure incurred in ...

Case Laws     Income Tax

April 25, 2015

Disallowance to deduct the cost and expenditure incurred in earning income under the head "income from other sources" - What can be taxed is only the net income which the appellant earns after deducting cost and expenditure incurred and administrative expenses incurred by the assessee - HC

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