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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Payment of 'license fees' and 'management services' - head ...


License Fees and Management Services Not Subject to Section 44C Adjustments in Income Tax; No Disallowance Needed.

June 15, 2015

Case Laws     Income Tax     AT

Payment of 'license fees' and 'management services' - head office expenditure" - do not falls within the ambit and purview of section 44C and, accordingly, the nature of adjustment to the total income for the purpose of disallowance is not required - AT

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