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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Nexus between the revenue earned and cost incurred - ...

Case Laws     Income Tax

January 28, 2016

Nexus between the revenue earned and cost incurred - ascertaining whether a service has actually benefitted the taxpayer or not is not within the prerogative of the Tax Authorities. To avail a service or not is a commercial decision which cannot be challenged by the Tax Authorities - AT

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