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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IB - allocation of expenses, from Head Office - ...


Tax Deduction u/s 80IB: Consistent Expense Allocation Required Between Current and Previous Years, Tribunal Directs.

May 13, 2015

Case Laws     Income Tax     AT

Deduction u/s 80IB - allocation of expenses, from Head Office - even if the assessee has made some allocation in the present year, it has to be seen that such allocation is in line with the allocation made in earlier years as per the direction of the Tribunal. - AT

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